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Air Liquide record Q4 results

In the fourth quarter of 2006, revenues of Gas and Services were €2,440m, an increase of 5.2 percent versus the fourth quarter 2005 on a comparable basis. Growth continued in industrial customers, electronics and healthcare although weaker in large industries.

Commenting on these figures, Benoît Potier, Chairman and CEO of Air Liquide, said: $quot;2006 was another year of solid growth for Air Liquide, very well balanced across all our activities and geographies. Our revenues in Asia were very strong with a continuing recovery in Japan, where we will strengthen our positions in 2007 by taking full ownership of Japan Air Gases. Growth was also sustained in the Americas, and increased progressively during the year in Europe. Our activities in hydrogen, homecare and new contract signatures in China, in particular, contributed to this dynamism.$quot;

Europe
Revenues for the fourth quarter 2006 were €1,350m, an increase of 5.3 percent. Growth is within the annual trends for industrial customers, healthcare and electronics but was more modest for large industries.

Revenues for the full year were €5,171m, an increase of 5.6 percent, with strong progress in all activities.

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