31 Jul 2007

Nalco announce positive 2Q07 results

Nalco Holding Company (NYSE:NLC) gave their second quarter 2007 sales and earnings figures and showed continued growth. Compared to the previous year, second quarter revenues increased 9.0 percent to $970.9 million and net income nearly doubled to $41.8 million.

Adjusted EBITDA gained 12.4 percent in the quarter to $179.9 million, bringing year-to-date Adjusted EBITDA growth above the 10 percent threshold established as the Company's full-year growth expectation.

More detail can be obtained from the Nalco web site.

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