gasworld Business Intelligence provides you with the latest analysis of Air Liquide’s Q4 2016 earnings report.
Headlines
- Reported corporate sales growth was up nearly 19% YoY in Q4 2016 to €4.9bn. This was substantially driven by the full consolidation of the acquired Airgas business.
- The Gases & Services sector now accounts for over 95% of corporate sales post-Airgas, with Engineering & Construction over 2% and the Global Markets & Technologies unit under 2%.
- The Aqua Lung diving business was divested, while the Welding business is being considered for sale. Therefore both have been reported as Discontinued businesses which would have been equivalent to 3% of sales.
- Reported sales in Gases & Services were up over 30% in Q4, while Engineering & Construction was down 34% YoY (with order intake improving sequentially but remaining down 40% YoY in Q4). Global Markets & Technologies was again up 20% (with order intake also up over 80%).
Air Liquide Group Performance
- Total Sales
- Total Operating Income (Estimated)
,Total Sales,Total Operating Income (Estimated)
2012 Q1,6.7%,5.3%
2012 Q2,5.1%,3.6%
2012 Q3,5.7%,7.6%
2012 Q4,6.6%,8.6%
2013 Q1,-2.1%,-1.4%
2013 Q2,2.9%,3.0%
2013 Q3,-1.0%,1.3%
2013 Q4,-2.3%,0.2%
2014 Q1,1.0%,1.7%
2014 Q2,-2.4%,-1.6%
2014 Q3,1.0%,-0.3%
2014 Q4,3.9%,0.0%
2015 Q1,6.9%,10.8%
2015 Q2,9.3%,13.8%
2015 Q3,7.8%,12.4%
2015 Q4,2.9%,9.7%
2016 Q1,-3.0%,-7.5%
2016 Q2,7.3%,3.5%
2016 Q3,23.9%,13.2%
2016 Q4,18.6%,14.6%
2012 Q1,6.7%,5.3%
2012 Q2,5.1%,3.6%
2012 Q3,5.7%,7.6%
2012 Q4,6.6%,8.6%
2013 Q1,-2.1%,-1.4%
2013 Q2,2.9%,3.0%
2013 Q3,-1.0%,1.3%
2013 Q4,-2.3%,0.2%
2014 Q1,1.0%,1.7%
2014 Q2,-2.4%,-1.6%
2014 Q3,1.0%,-0.3%
2014 Q4,3.9%,0.0%
2015 Q1,6.9%,10.8%
2015 Q2,9.3%,13.8%
2015 Q3,7.8%,12.4%
2015 Q4,2.9%,9.7%
2016 Q1,-3.0%,-7.5%
2016 Q2,7.3%,3.5%
2016 Q3,23.9%,13.2%
2016 Q4,18.6%,14.6%
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