Regulatory News: Air Liquide (Paris:AI):Key Figures (in 2023/2022 as 2023/2022 millions of euros) FY 2023 published comparable(a) Group Revenue 27,608 -7.8%.
Source: Air Liquide
The French industrial gas giant reported sales increased by +3.8% on a comparable basis with Q1 2020, which had been affected by the health crisis in Asia, and more specifically in China, and then in Europe from mid-March 2020.
The consolidated revenue of Engineering & Construction recorded strong growth of +48.5% compared to lower activity due to the pandemic in Q1 2020. Global Markets & Technologies activity was up by +25.7%, driven by the ramp-up of biogas units and sales of equipment with high technological added-value.
Benoît Potier, Chairman and CEO of the Air Liquide Group, said: “This first quarter saw solid growth of +3.8% on a comparable basis, confirming the trend recorded in the fourth quarter of 2020. Sales reached €5.3 billion, including €5.1 billion for Gas & Services, which grew +2.8% on a comparable basis. This growth confirms the recovery seen in all of our Gas & Services activities. Strong momentum was also seen in the Engineering & C
Provided by Dow Jones
Apr 23, 2021 5:35 AM UTC recorded strong momentum in Large Industries, which posted a +8.7% rise in revenue. The strong sales growth in the Industrial Merchant business (+10.6%) was mainly supported by the momentum in China, with sales in the rest of the region just returning to growth. The Electronics business (+1.3%) benefited from the ramp-up of new carrier gases units but with weaker sales of Advanced Materials and Equipment & Installation. Revenue in the Middle East and Africa totaled 153 million euros, up by a strong +17.5% on a comparable basis in Q1. Large Industries sales benefited from a rise in demand from customers connected to the pipeline
Air Liquide Group: Air Liquide: First Quarter 2021: Return to Growth for All Activities in an Improving Environment finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.