Slide 1: Second Quarter 2022 Teleconference Supplemental Data
Second Quarter 2022 Teleconference Supplemental Data Please see Ecolab’s news release dated July 26, 2022 for additional information, including discussion on the use of certain non-GAAP financial measures. 1
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 global economic conditions,
Slide 3: Key Themes
KEY THEMES As expected, delivered continued strong double-digit organic sales growth ▪ Fueled by a near doubling of total pricing to 9% versus 1Q, continued good volume gains, and new business ▪ Implemented our energy surcharge to manage incremental energy costs that drove delivered product costs hi
Slide 4: 3Q and 2022 Outlook
3Q and 2022 OUTLOOK ▪ While the economic environment remains complex and unpredictable, we assume growth will continue, inflation will remain higher for longer and currency translation impacts become more challenging. With the global energy surcharge mechanism implemented, total pricing is expected
Slide 5: 2Q 2022 Sales Growth Detail
2Q 2022 SALES GROWTH DETAIL Fixed Rate Acq./Div. Adj. Global Industrial % Change % Change Consolidated % Change Water 13% 11% Volume & mix 4% Food & Beverage 13% 13% Pricing 9% Downstream 10% 10% Subtotal 13% Paper 17% 17% Acq./Div. 4% Total Global Industrial 13% 13% Fixed currency growth 17% Curren
Slide 6: 2Q 2022 Income Statement / Margins
2Q 2022 INCOME STATEMENT / MARGINS ($ millions, unaudited)* 2022 % sales 2021 % sales % change Comments** Gross Profit $1,369.5 38.2% $1,318.7 41.7% 4 % Adjusted gross margins of 38.3% in 2022 and 41.8% in 2021 primarily reflected accelerating pricing that was more than offset by a 30% increase in d
Slide 7: 2Q 2022 Balance Sheet / Cash Flow
2Q 2022 BALANCE SHEET / CASH FLOW Summary Balance Sheet June 30 June 30 (millions, unaudited) 2022 2021 (millions, unaudited) 2022 2021 Cash and cash eq. $124.9 $1,402.4 Short-term debt $618.3 $17.3 Accounts receivable, net 2,668.0 2,331.0 Accounts payable 1,524.8 1,213.3 Inventories 1,720.7 1,418.5
Slide 8: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Second Quarter Ended (unaudited) June 30 (millions, except percent) 2022 2021 Net sales Reported GAAP net sales $3,580.6 $3,162.7 Effect of foreign currency translation 35.6 (70.1) Non-GAAP fixed currency sales 3,616.2 3,092.6 Effect of acquisitions and divestitures (151.
Slide 9: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES (unaudited) Second Quarter Ended (millions, except percent and per share) June 30 2022 2021 Net Income attributable to Ecolab Reported GAAP net income attributable to Ecolab $308.3 $310.8 Special (gains) and charges, after tax 2.6 34.1 Discrete tax net expense (benefit) 3
Slide 10: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES (unaudited) Second Quarter Ended June 30 (millions) 2022 2021 Impact of Impact of Fixed Acquisitions and Acquisition Fixed Acquisitions and Acquisition Currency Divestitures Adjusted Currency Divestitures Adjusted Net Sales Global Industrial $1,704.1 ($7.2) $1,696.9 $1,50