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Q1 2015 Results Earnings Conference Call

Ecolab (ECL)

Q1 2015 Results Earnings Conference Call


Michael Monahan - SVP, External Relations

Doug Baker - CEO


Mike Ritzenthaler - Piper Jaffray

Nate Brochmann - William Blair

Gary Bisbee - RBC Capital Markets

David Begleiter - Deutsche Bank

David Ridley - Lane with Banc of America

Manav Patnaik - Barclays Capital

Laurence Alexander - Jefferies

John Quealy - Canaccord Genuity

Mike Harrison - Global Hunter Securities

John McNulty - Credit Suisse

John Roberts - UBS

Dmitry Silversteyn - Longbow Research

Bob Koort - Goldman Sachs

Shlomo Rosenbaum - Stifel

Rosemarie Morbelli - Gabelli & Co

Andy Wittmann - Baird

Scott Schneeberger - Oppenheimer



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Previous Statements by ECL
» Ecolab (ECL) Q1 2015 Results - Earnings Call Webcast
» Ecolab's (ECL) CEO Doug Baker on Q4 2014 Results - Earnings Call Transcript
» Ecolab (ECL) Q4 2014 Results - Earnings Call Webcast
» Ecolab's (ECL) CEO Doug Baker on Q3 2014 Results - Earnings Call Transcript

Welcome to the Ecolab First Quarter 2015 Earnings Release Conference Call. At this time all participants are in a listen only mode. After the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded. If you have any objections, you may disconnect at this time.

Now I’d like to turn over the call to Mr. Michael Monahan, Senior Vice President, External Relations. Sir, you may begin.

Michael Monahan

Thank you. Hello everyone and welcome to Ecolab’s First Quarter Conference Call. With me today is Doug Baker, Ecolab’s Chairman and CEO. A copy of our earnings release and the accompanying slides are referenced in this teleconference are available on Ecolab’s Website at

Please take a moment to read the cautionary statements on Slide 2, stating that this teleconference and the slides include 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 in the section of our most recent Form 10-K under Item 1A, Risk Factors, in our first quarter earnings release and on Slide 2. We also refer you to the supplemental diluted earnings per share...