Ecolab Inc (WBO:ECL)
€ 235 -1.8 (-0.76%) Market Cap: 66.28 Bil Enterprise Value: 72.95 Bil PE Ratio: 34.65 PB Ratio: 8.18 GF Score: 81/100

Ecolab Inc Announces Plan to Spin off Its Upstream Energy Transcript

Feb 05, 2019 / 01:00PM GMT
Operator

Greetings, and welcome to the Ecolab conference call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mike Monahan, Senior Vice President, External Relations. Mr. Monahan, you may now begin.

Michael J. Monahan
Ecolab Inc. - SVP of External Relations

Thank you. Good morning, everyone, and welcome to Ecolab's Conference Call. With me today is Doug Baker, Ecolab's Chairman and CEO; and Dan Schmechel, our CFO.

Our press release referencing the fourth quarter expected results, our 2019 outlook and our planned spin-off of the Energy Upstream business is available on Ecolab's website at ecolab.com/investor. Please take a moment to read the cautionary statements stating that this teleconference includes estimates of future performance. These are forward-looking statements and actual results could differ materially from those projected. Factors that could cause actual results to differ are described under Item 1a, Risk Factors, of our most recent Form 10-K and in our posted

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