Slide 1: Second Quarter 2020 Teleconference Supplemental Data
Second Quarter 2020 Teleconference Supplemental Data Please see Ecolab’s news release dated July 28, 2020 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: 2Q 2020 Overview
2Q 2020 Overview Sales: ▪ Reported sales from continuing operations -15%. Acquisition adjusted fixed currency sales -14%. ▪ Strong growth in the Healthcare and Life Sciences segment was more than offset by a modest Industrial segment decrease and significant declines in the Institutional and Other
Slide 4: 2Q 2020 Environment
2Q 2020 Environment Restaurants and lodging: Restaurants, hotels, entertainment facilities, etc. traffic has risen from April’s deep decline but remain well below year-ago levels as they reflect the slow and uneven global pace of the reopenings. ▪ U.S. full service restaurants now ~80% open but op
Slide 5: 2Q 2020 Environment
2Q 2020 Environment Industrial segment: Industrial customers are also seeing gradual recovery in operating activity from April lows and partial or full plant closures, with Europe activity lagging. Industry data Industrial Production Manufacturing PMI *Europe June 2020 based on forecast data Hea
Slide 6: 2Q 2020 Sales Comments
2Q 2020 Sales Comments Demand increased ▪ Life Sciences +53% acquisition adjusted led by strong vapor biodecontamination technology sales. Expect strong growth for full year. ▪ Healthcare +12% acquisition adjusted as increased cleaning and sanitizing more than offset reduced elective surgeries. Ex
Slide 7: 2H 2020 Comments
2H 2020 Comments Assuming a gradual, if uneven, recovery from the first half COVID- 19 impact, we expect a gradual sequential improvement from second quarter levels through the second half as our product and service innovation, investments in new hygiene and digital technologies, and successful sa
Slide 8: 2Q 2020 Results
2Q 2020 Results *See “Non-GAAP Financial Measures” section of this presentation for corresponding reconciliations. Please see Ecolab’s news release dated July 28, 2020 for additional information, including discussion on the use of certain non-GAAP financial measures. 8 .
Slide 9: 2Q 2020 Sales Growth Detail
2Q 2020 Sales Growth Detail Fixed Rate Acq./Div. Adj. Global Industrial % Change % Change Consolidated* % Change Water -5% -5% Volume & mix -16% Food & Beverage 5% 3% Pricing 2% Downstream -9% -9% Subtotal -14% Paper 0% 0% Acq./Div. 1% Total Global Industrial -2% -2% Fixed currency growth -13% Curre
Slide 10: Income Statement / Margins (cont. ops.)
2Q 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 July 28, 2020 for additional information, including discussion on
Slide 11: Balance Sheet / Cash Flow
2Q 2020 Balance Sheet / Cash Flow Summary Balance Sheet June 30 June 30 (millions, unaudited) 2020 2019 (millions, unaudited) 2020 2019 Cash and cash eq. $1,369.0 $15.7 Short-term debt $534.9 $1,069.4 Accounts receivable, net 2,255.5 2,304.9 Accounts payable 1,087.7 1,081.1 Inventories 1,228.7 1,152
Slide 12: Ecolab 2017-2020 EPS
ECOLAB 2017-2020 EPS Restated for Discontinued Operations Adjusted EPS 2017 2018 1Q 2019 2Q 2019 3Q 2019 4Q 2019 2019 1Q 2020 2Q 2020 Ecolab incl. Discontinued Operations $4.68 $5.25 $1.03 $1.42 $1.71 $1.66 $5.82 $1.13 vs. LY 12% 11% 10% Ecolab Continuing Operations $4.10 $4.58 $0.88 $1.27 $1.52 $1.
Slide 13: Appendix
Appendix Please see Ecolab’s news release dated July 28, 2020 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 Please see Ecolab’s news release dated July 28, 2020 for additional information, including discussion on the use of certain non-GAAP financial measures. 14 .
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures Please see Ecolab’s news release dated July 28, 2020 for additional information, including discussion on the use of certain non-GAAP financial measures. 15 .
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures Please see Ecolab’s news release dated July 28, 2020 for additional information, including discussion on the use of certain non-GAAP financial measures. 16 .
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures Please see Ecolab’s news release dated July 28, 2020 for additional information, including discussion on the use of certain non-GAAP financial measures. 17 .