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ecolab ar
Ecolab had a very successful 1999 financial year: 1) Sales increased 10% to a record $2.1 billion, the first time exceeding $2 billion. 2) Income from continuing operations rose 14% to $176 million and diluted earnings per share also increased 14% to $1.31, the seventh consecutive year of double-digit earnings growth. 3) The company's stock price increased from $36.19 to a record $39.13 during the year, and Ecolab finished the year with a record market capitalization despite a volatile market focused on internet and technology stocks.
