Business Context and Reporting Period
Company: Ecolab Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 28, 2009
Reporting Period: First quarter ended March 31, 2009
This filing announces the earnings results for the first quarter of 2009. The report incorporates by reference a news release issued on the same date, which details the financial performance.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references a news release (Exhibit 99) containing these details.
Notable Disclosure: The company discloses non-GAAP pro forma diluted earnings per share. This metric excludes special gains and charges and discrete tax items for the first quarter of 2009 and the comparable period in 2008 to facilitate comparison of underlying business performance.
Material Changes
The filing does not explicitly list material changes in financial metrics versus the prior comparable period within the text provided. It notes that the non-GAAP measure is used to eliminate the effect of non-recurring items when comparing current and prior period operating results.
Guidance, Outlook, and Management Commentary
Management Commentary: Management believes the non-GAAP financial measure helps investors understand underlying business performance by removing the impact of non-recurring items.
Guidance and Risks: The provided text does not contain specific forward-looking guidance, risk factors, or contingencies. These details are expected to be in the attached news release.
Important Facts for Investor Verification
- Verify the specific GAAP and non-GAAP earnings per share figures in the attached news release (Exhibit 99).
- Review the details of the "special gains and charges" and "discrete tax items" excluded from the non-GAAP calculation.
- Confirm the specific revenue and operating margin figures for the first quarter of 2009, as they are not listed in the 8-K summary text.
- Check the company website (www.ecolab.com) for the full news release referenced in the filing.