Summary
Ecolab Inc. (ECL) filed a Form 8-K on April 26, 2013, to announce a change in its reportable business segments, effective from the first quarter of 2013. This restructuring is a strategic move designed to better support the company's operations post-Nalco merger and to foster global growth. The company is providing supplemental unaudited historical financial information related to these new segments, including net sales and operating income, on both an annual and quarterly basis for the years 2012 and 2011. This information, while furnished, is not deemed 'filed' under Section 18 of the Exchange Act and will not be automatically incorporated into future SEC filings unless explicitly referenced. Investors should note that Ecolab will commence reporting under the new segment structure with its Form 10-Q for the quarter ended March 31, 2013. The provided historical data is pro forma and reflects the new organizational model for prior periods where the company did not operate under this structure. This initiative aims to enhance transparency and comparability for investors as Ecolab integrates its operations and pursues its growth objectives.
Key Highlights
- 1Ecolab is restructuring its reportable business segments effective Q1 2013.
- 2The segment realignment is a strategic initiative to support post-Nalco merger integration and global growth.
- 3Supplemental unaudited historical financial data (net sales, operating income) for the new segments is being provided.
- 4The historical data covers annual and quarterly periods for 2012 and 2011 on a pro forma basis.
- 5Ecolab will begin reporting under the new segment structure in its Q1 2013 Form 10-Q filing.
- 6The furnished information is for disclosure purposes and not considered 'filed' under Section 18 of the Securities Exchange Act of 1934.