Slide 1: Fourth Quarter 2020 Teleconference Supplemental Data
Fourth Quarter 2020 Teleconference Supplemental Data Please see Ecolab’s news release dated February 16, 2021 for additional information, including discussion on the use of certain non-GAAP financial measures.
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: 4Q 2020 Overview
4Q 2020 Overview Overview ▪ Fourth quarter results showed improvement from the third quarter despite the negative impact of a greater than expected COVID-19 second wave. Sales: ▪ Reported sales from continuing operations -6%. Acquisition adjusted fixed currency sales -8%. ▪ Strong growth in the
Slide 4: 4Q 2020 Environment
4 4Q 2020 Environment Restaurants and lodging: The prior improving trends in restaurant, hotel, entertainment facility, etc. traffic from April’s lows were negatively impacted in 4Q by increased global restrictions following the resurgence of COVID-19 infections. ▪ U.S. full service restaurants op
Slide 5: 4Q 2020 Environment
4Q 2020 Environment Industrial segment: Global industrial operating activity generally continued to recover, led by China. Industry data Industrial Production Manufacturing PMI 10% 60 55 0% 50 -10% 45 40 -20% 35 -30% 30 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Au
Slide 6: 2021 Comment
2021 Comment The continued uncertain outlook regarding the timing and pace of global economic recovery from COVID-19’s impact does not yet present an adequate basis for us to provide either quarterly or annual earnings forecasts. We expect full year 2021 Healthcare & Life Sciences segment sales to m
Slide 7: 4Q 2020 Results
4Q 2020 Results Fourth Quarter Ended December 31 Reported Adjusted * (unaudited) Public Currency Rates % Public Currency Rates % (millions, except per share) 2020 2019 Change 2020 2019 Change Net sales $3,065.3 $3,244.2 -6 % $3,065.3 $3,244.2 -6 % Operating income 416.1 518.2 -20 % 478.0 565.3 -15 %
Slide 8: 4Q 2020 Sales Growth Detail
4Q 2020 Sales Growth Detail Amounts in the tables above may reflect rounding. Acq./Div. Adj. excludes sales to ChampionX post-separation and Venezuela results. Please see Ecolab’s news release dated February 16, 2021 for additional information, including discussion on the use of certain non-GAAP fin
Slide 9: Income Statement / Margins (cont. ops.)
4Q 2020 Income Statement / Margins (cont. ops.) *Public rates of exchange, except where noted. **See “Non-GAAP Financial Measures” section of this presentation for corresponding reconciliations. Please see Ecolab’s news release dated February 16, 2021 for additional information, including discussion
Slide 10: Balance Sheet / Cash Flow
4Q 2020 Balance Sheet / Cash Flow * EBITDA and Adjusted EBITDA are non-GAAP measures. EBITDA is defined as the sum of earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA is defined as the sum of EBITDA and special (gains) and charges impacting EBITDA. The inputs to EBITDA
Slide 11: Appendix
Appendix Please see Ecolab’s news release dated February 16, 2021 for additional information, including discussion on the use of certain non-GAAP financial measures. 11 .
Slide 12: Non-GAAP Financial Measures
Non-GAAP Financial Measures Fourth Quarter Ended Twelve Months Ended (unaudited) December 31 December 31 (millions, except percent) 2020 2019 2020 2019 Net sales Reported GAAP net sales $3,065.3 $3,244.2 $11,790.2 $12,562.0 Effect of foreign currency translation 4.6 27.4 131.7 35.4 Non-GAAP fixed cu
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures Please see Ecolab’s news release dated February 16, 2021 for additional information, including discussion on the use of certain non-GAAP financial measures. 13 .
Slide 14: Non-GAAP Financial Measures
Non-GAAP Financial Measures (unaudited) Fourth Quarter Ended December 31 (millions) 2020 2019 Impact of Impact of Fixed Acquisitions and Acquisition Fixed Acquisitions and Acquisition Currency Divestitures Adjusted Currency Divestitures Adjusted Net Sales Global Industrial $1,549.6 (36.4) $1,513.2 $
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures (unaudited) Twelve Months Ended December 31 (millions) 2020 2019 Impact of Impact of Fixed Acquisitions and Acquisition Fixed Acquisitions and Acquisition Currency Divestitures Adjusted Currency Divestitures Adjusted Net Sales Global Industrial $5,959.9 ($81.4) $5,878.5 $