gasworld Business Intelligence provides you with the latest analysis of Praxair’s Q4 2016 earnings reports.
Headlines
- Q4 reported corporate sales improved further to 2% year-on-year (YoY), although down 3% sequentially at $2.64bn. This brings the 2016 full year to $10.53bn, down 2% YoY.
- Total Q4 sales were up 3% YoY excluding currency, this was driven by 1% impact from each of price/mix, energy cost pass-through and acquisitions.
- Q4 corporate operating profit was down 4% YoY, at $599m.
- No further charges for cost reduction actions after the major charge in Q4.
- Operating margin rose sequentially to 22.7% in Q4, but was 130 basis points (bp) down on the previous years’ high point.
- Corporate Sales
- Corporate Operating Income
,Corporate Sales,Corporate Operating Income
2011 Q1,0.11,0.17
2011 Q2,0.13,0.15
2011 Q3,0.14,0.15
2011 Q4,0.07,0.10
2012 Q1,0.05,0.06
2012 Q2,-0.02,0.01
2012 Q3,-0.04,-0.01
2012 Q4,0.00,0.00
2013 Q1,0.02,-0.01
2013 Q2,0.07,0.05
2013 Q3,0.09,0.09
2013 Q4,0.08,0.12
2014 Q1,0.05,0.08
2014 Q2,0.03,0.05
2014 Q3,0.04,0.05
2014 Q4,-0.01,-0.04
2015 Q1,-0.09,-0.08
2015 Q2,-0.12,-0.10
2015 Q3,-0.15,-0.13
2015 Q4,-0.13,-0.06
2016 Q1,-0.09,-0.11
2016 Q2,-0.03,-0.06
2016 Q3,0.01,-0.04
2016 Q4,0.02,-0.04
2011 Q1,0.11,0.17
2011 Q2,0.13,0.15
2011 Q3,0.14,0.15
2011 Q4,0.07,0.10
2012 Q1,0.05,0.06
2012 Q2,-0.02,0.01
2012 Q3,-0.04,-0.01
2012 Q4,0.00,0.00
2013 Q1,0.02,-0.01
2013 Q2,0.07,0.05
2013 Q3,0.09,0.09
2013 Q4,0.08,0.12
2014 Q1,0.05,0.08
2014 Q2,0.03,0.05
2014 Q3,0.04,0.05
2014 Q4,-0.01,-0.04
2015 Q1,-0.09,-0.08
2015 Q2,-0.12,-0.10
2015 Q3,-0.15,-0.13
2015 Q4,-0.13,-0.06
2016 Q1,-0.09,-0.11
2016 Q2,-0.03,-0.06
2016 Q3,0.01,-0.04
2016 Q4,0.02,-0.04
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