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’A milestone year’ – Air Liquide’s 2004 financial results

Air Liquide announce that 2004 results increased net earnings per share of 7.5% and has led the way for a dividend of €3.50 per share to be announced at the next General Shareholders meeting.

The board of Air Liquide, chaired by Alan Joly, met last week to review the financial statements for 2004 presented by Benoit Portier, Chairman of the Management Board.

Mr Portier said, “The year 2004 marked a return to steadier growth in our key businesses, particularly with rapid development of hydrogen and emerging Asia, and renewed momentum in our US markets and Healthcare in Europe. This growth was reinforced by the successful acquisition and integration of Messer activities.

In this context, the Group has delivered a further increase in profits for 2004, whilst maintaining margins, thanks to its renewed productivity initiatives.

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