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Investing.com -- Ecolab on Tuesday reported third-quarter adjusted earnings of $2.07 per share, up 13% from a year earlier and in line with analysts’ estimates, as higher prices and margin expansion offset weaker demand in some markets.
Revenue rose 4% to $4.17 billion, slightly above expectations of $4.12 billion. Organic sales grew 3%, led by its Institutional & Specialty and Food & Beverage units, while softness in Basic Industries and Paper reduced overall growth by about one percentage point.
Operating income margin expanded to 18.7%, helped by a 3% gain in value pricing and 1% volume growth. Ecolab Digital sales jumped 25% to $96 million.
The company forecast fourth-quarter earnings of $2.02 to $2.12 a share, implying 12% to 14% growth, and reaffirmed its full-year outlook of $7.48 to $7.58, up 12% to 17%.
CEO Christophe Beck said the company remains well positioned for continued double-digit earnings growth in 2026, driven by its Life Sciences, Pest Elimination and Digital businesses.
Ecolab shares were down 1.6% in premarket trading.
The company was benefitted by easing product costs and early signs of demand recovery in key end markets,