By Rob Curran

Ecolab Inc. said it is targeting growth for its second-quarter and full-year adjusted earnings.

The St. Paul, Minn.-based provider of water-treatment and hygiene products and services is forecasting second-quarter earnings in a range of $1.15 to $1.25 a share, an increase of 5% to 14% from the year-ago period.

For 2023, Ecolab said it expects per-share adjusted earnings growth to "accelerate" to a low double-digit percentage rate.

Ecolab said changes in interest rates and foreign exchange would have a combined 30 cents per share toll on its 2023 earnings.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 02, 2023 08:54 ET (12:54 GMT)

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