Ecolab, Inc. (NYSE:ECL) Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET
Company Participants
Andy Hedberg - VP, IR
Christophe Beck - Chairman & CEO
Scott Kirkland - CFO
Conference Call Participants
Tim Mulrooney - William Blair
Ron Kennedy - Barclays
Josh Spector - UBS
John Roberts - Mizuho Securities
John McNulty - BMO Capital Markets
Jason Hass - Wells Fargo
Patrick Cunningham - Citi
Chris Parkinson - Wolfe Research
Shlomo Rosenbaum - Stifel
David Begleiter - Deutsche Bank
Pavel Molchanov - Raymond James
Jeff Zekauskas - JPMorgan
Dan Rizzo - Jefferies
Ashish Sabadra - RBC Capital Markets
Kevin McCarthy - Vertical Research Partners
Andres Castanos - Berenberg
Mike Harrison - Seaport Research
Vincent Andrews - Morgan Stanley
Charles Neivert - Piper Sandler
Scott Schneeberger - Oppenheimer
Operator
Greetings, and welcome to the Ecolab's Third Quarter 2024 Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It's now my pleasure at this time to introduce your host, Andy Hedberg, Vice President, Investor Relations. Mr. Hedberg, you may now begin.
Andy Hedberg
Thank you, and hello, everyone, and welcome to Ecolab's third quarter conference call. With me today are Christophe Beck, Ecolab's Chairman and CEO; and Scott Kirkland, our CFO. A discussion of our results, along with our earnings release and the slides referencing the quarter results are available on Ecolab's website at ecolab.com/investor. Please take a moment to read the cautionary statements in these materials, which state that this teleconference and the associated supplemental materials include estimates of future performance.
These are forward-looking statements, and actual results could differ materially from those projected. Factors that could cause actual results to differ are described under the Risk Factors section in our most recent Form 10-K and in our posted materials. We also refer you to the supplemental diluted earnings per share information in the release.
With that, I'd like to turn the call over to Christophe Beck for his comments.
Christophe Beck
Thank you so much, Andy, and welcome to everyone on the call. And let me start by thanking our incredible team for their hard work and seamless execution this quarter again. It's because of our team's endless dedication to our customers and commitment to our goals that I have the pleasure of sharing another excellent quarter, delivering broad-based performance across our businesses, end markets and geographies. .
Our company has never been as healthy as it is today, and I'm proud to lead such a talented team with such a great future. Moving to the specifics of our performance. Our third quarter was highlighted by strengthening volume growth continued strong value pricing and robust operating income margin expansion. These all combined to deliver 19% growth in adjusted earnings. With this strong momentum, we are increasing once again the midpoint of our full year earnings guidance range.