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ecolab 5_FinancialDiscussion
This document discusses Ecolab's financial performance in 2000. Key points include: - Net sales reached nearly $2.3 billion, a 9% increase over 1999, due to business acquisitions, new products, and growth in core businesses. - Operating income was a record $343 million. Excluding unusual items, operating income rose 12% to $324 million, or 14.3% of net sales. - Net income was $206 million. Excluding unusual items, net income increased 13% to $198 million, or 8.7% of net sales, reflecting strong operating income growth and a lower tax rate. - The company continued its trend of strong financial results and
