Slide 1: First Quarter 2020 Teleconference Supplemental Data
Exhibit 99.2 First Quarter 2020 Teleconference Supplemental Data
Slide 2: Cautionary Statement
Cautionary Statement Forward-Looking Information This communication contains forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding our financial and business p
Slide 3: 1Q 2020 Overview
1Q 2020 Overview ◢ Sales: Reported sales +2%; fixed currency sales +3% with acquisition adjusted fixed currency sales +2%. Good growth in the Global Institutional and Global Healthcare and Life Sciences segments more than offset a 3% decline in Upstream Energy. ◢ Operating Income: Reported opera
Slide 4: 1Q 2020 Results
1Q 2020 Results First Quarter Ended March 31 Reported Adjusted * (unaudited) Public Currency Rates % Public Currency Rates % (millions, except per share) 2020 2019 Change 2020 2019 Change Net sales $3,581.4 $3,505.4 2% $3,581.4 $3,505.4 2% Operating income 397.2 367.2 8% 458.7 411.1 12 % Net income
Slide 5: 1Q 2020 Sales Growth Detail
1Q 2020 Sales Growth Detail Fixed Rate Acq./Div. Adj. Global Industrial % Change % Change Consolidated* % Change Water 1% 1% Volume & mix 1% Food & Beverage 6% 6% Pricing 2% Downstream 4% 4% Subtotal 2% Paper 3% 3% Acq./Div. 1% Total Global Industrial 3% 3% Fixed currency growth 3% Currency impact -
Slide 6: 1Q 2020 Income Statement / Margins
1Q 2020 Income Statement / Margins ($ millions, unaudited)* 2020 % sales 2019 % sales % change Comments** Gross Profit $1,464.6 40.9% $1,415.8 40.4% 3% Adjusted gross margins were 41.1% in 2020 and 40.5% in 2019, increasing 60 bps and reflecting increased pricing and lower delivered product costs th
Slide 7: 1Q 2020 Balance Sheet / Cash Flow
1Q 2020 Balance Sheet / Cash Flow Summary Balance Sheet March 31 March 31 (millions, unaudited) 2020 2019 (millions, unaudited) 2020 2019 Cash and cash eq. $1,661.9 $186.4 Short-term debt $1,038.3 $380.6 Accounts receivable, net 2,855.9 2,796.5 Accounts payable 1,279.5 1,284.3 Inventories 1,529.7 1,
Slide 8: Please see Ecolab's news release dated April 28, 2020
Please see Ecolab’s news release dated April 28, 2020 for additional information, including additional discussion on use of Non-GAAP financial measures. 8
Slide 9: COVID-19: Meeting Demand
COVID-19: Meeting Demand Increased supply Partnered with public health authorities to develop guidelines on virucidal products and programs to fight COVID-19 Accelerated new disinfectant and sanitizer product development Fast-tracked registration globally of new disinfection solutions across
Slide 10: COVID-19: Supporting our Customers
COVID-19: Supporting our Customers Strong support for emergency healthcare facilities Supporting rapid implementation of safe/sanitized temporary hospital facilities and medical worker housing, along with training to maintain sanitized environments in high risk areas Providing hospitals with d
Slide 11: COVID-19: Protecting our People
COVID-19: Protecting our People Support our Essential Customers in the Safest Way Possible Protect our People Social Distancing / Facility Hygiene Admin: Work from home (+90% working from home) Production: shift, line separation. Field: no group settings, modified customer service protoc
Slide 12: Appendix
Appendix Please see Ecolab’s news release dated April 28, 2020 for additional information, including additional discussion on use of Non-GAAP financial measures. 12
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures First Quarter Ended (unaudited) March 31 (millions, except percent) 2020 2019 Net sales Reported GAAP net sales $3,581.4 $3,505.4 Effect of foreign currency translation 21.6 (4.4) Non-GAAP fixed currency sales 3,603.0 3,501.0 Effect of acquisitions and divestitures (24.0)
Slide 14: Non-GAAP Financial Measures
Non-GAAP Financial Measures (unaudited) First Quarter Ended (millions, except percent and per share) March 31 2020 2019 Interest expense, net Reported GAAP interest expense, net $48.1 $49.4 Special (gains) and charges, after tax - 0.2 Non-GAAP adjusted interest expense, net $48.1 $49.2 Net Income At
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures First Quarter Ended March 31 2020 2019 Impact of Acquisitions and Acquisition Impact of Acquisitions and Acquisition (millions) Fixed Currency Divestitures Adjusted Fixed Currency Divestitures Adjusted Net Sales Global Industrial $1,444.0 - $1,444.0 $1,397.4 - $1,397.4 Gl