Air Liquide 1st Half Net Profit, Revenue Rose
July 30 2019 - 02:21AM
Dow Jones News
By Kim Richters
France's Air Liquide SA (AI.FR) said Tuesday that its first-half
net profit and revenue rose on strong sales and several long-term
contracts.
Net profit at the industrial-gases producer was 1.06 billion
euros ($1.18 billion), up from EUR1.04 billion a year earlier, the
company said.
The company's revenue rose to EUR10.95 billion, up from EUR10.16
billion the same period last year. The growth was largely driven by
a dynamic gas and service business, which accounts for 96% of its
total revenue, according to the company.
"Assuming a comparable environment, Air Liquide is confident in
its ability to deliver net profit growth in 2019, at constant
exchange rates," CEO Benoit Potier said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 30, 2019 02:06 ET (06:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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