Skip to content
AnalystLens

ECOLAB INC. 8-K Report (Jan 11, 2002)

Reports
Other Events
Filing Date
Filed January 11, 2002
Period End
January 10, 2002
Security
ECL
In the record · 2016–202610-K1110-Q328-K144

ECL filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 144 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Sep ’16Sep ’16
  2. Leadership change8-K · Apr ’19Apr ’19
  3. Deal closed8-K · Dec ’21Dec ’21
  4. Leadership change8-K · Aug ’25Aug ’25

01—Abstract

Summary

Summary of the 8-K filed January 11, 2002. Cited figures are marked; the original filing is the authoritative source.

Ecolab Inc. (ECL) filed an 8-K on January 10, 2002, disclosing significant restructuring and cost-saving initiatives planned for 2002.

These actions are expected to incur one-time pretax charges ranging from $50 million to $60 milliona. However, the company anticipates offsetting these charges, in part, with an estimated $20 million in one-time savings derived from changes to its benefit plans. These strategic moves are designed to generate ongoing annual cost savings for the business.

02—Key points

Key Highlights

  1. Ecolab announced plans for restructuring and cost-saving actions in 2002.
  2. The company anticipates one-time pretax charges of $50 million to $60 million related to these actions.
  3. Estimated one-time savings of $20 million are expected from benefit plan modifications.
  4. These initiatives are projected to yield recurring annual cost savings.
  5. Ecolab provided an estimated diluted EPS for Q4 2001 of approximately $0.30.
  6. Full-year 2001 diluted EPS is estimated to be approximately $1.45.
  7. The company issued a forecast for its 2002 financial performance.

03—Questions

Frequently Asked Questions

  1. What is the main purpose of the restructuring actions announced by Ecolab?

    The primary goal of the restructuring and cost-saving actions is to generate ongoing annual cost savings for Ecolab.

  2. What is the expected financial impact of these restructuring plans in the short term?

    Ecolab anticipates incurring one-time pretax charges between $50 million and $60 million in 2002. These charges are expected to be partially offset by approximately $20 million in one-time savings from benefit plan changes.

  3. When will Ecolab announce its final financial results for 2001?

    The company expects to announce its final audited financial results for the fiscal year ended December 31, 2001, on February 14, 2002.

  4. Did Ecolab provide any earnings guidance for 2002?

    Yes, the company issued a forecast for its 2002 financial performance, the details of which were likely included in the attached press release.

04—Continue

← View all 8-K filings