Air Liquide 3Q Revenue +3.5%; Backs Outlook
October 24 2019 - 2:00AM
Dow Jones News
By Carlo Martuscelli
France's Air Liquide S.A. (AI.FR) said Thursday that revenue in
its third quarter rose 3.5% as it backed its full-year outlook.
The supplier of industrial gasses said that quarterly revenue
totaled 5.45 billion euros ($6.06 billion). Growth was driven by a
positive performance in its gas and service activities, which
represent the large majority of the business, as well as its global
markets and technologies division.
"Positive currency and significant scope impacts offset lower
energy prices," it said.
In the first nine months of the year, Air Liquide said that its
efficiency program delivered EUR310 million in savings.
The company said that if conditions remain stable, it is
confident in delivering net profit growth at constant currencies in
2019.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com;
@carlomartu
(END) Dow Jones Newswires
October 24, 2019 01:45 ET (05:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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