Ecolab Inc (WBO:ECL)

€ 234.6 -1.6 (-0.68%) Market Cap: 66.93 Bil Enterprise Value: 73.64 Bil PE Ratio: 34.81 PB Ratio: 8.22 GF Score: 82/100

Ecolab Inc at Credit Suisse Basic Materials Conference Transcript

Sep 13, 2022 / 02:15PM GMT

Release Date Price: €167.92 (-1.87%)

Transcript

John Ezekiel E. Roberts;dit Suisse AG

CrÃ;Research Division - Research Analyst

© -

Great. Well, welcome, everyone, to the Credit Suisse 35th Annual Specialties and Basics Conference. We're going to do a session now with Ecolab. I'm John Roberts from Credit Suisse. I lead the U.S. Chemicals Group here. I hope you get a chance to see lots of companies while you're here.

Scott Kirkland, Ecolab's SVP and CFO, will be doing the presentation for us. Scott's been with Ecolab since 2005. He's been the CFO since January. Ecolab, as you're probably familiar, I think of them in 2 main businesses, the cleaning and sanitization business and most things are cleaned with water. And then there's the water treatment business, which is about cleaning up water and being able to use water. And I think one of the key things that's often underappreciated is the energy savings that come with that.

And Scott has heard me say, but for those of us old enough to remember the history of the company, it was Economics Laboratories before it was Ecolab. And what they -- even though they're a

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