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air-liquide-releases-q3-2017-results
air-liquide-releases-q3-2017-results

Air Liquide releases Q3 2017 results

Air Liquide Q3 2017 group revenue reached €4.944m ($5.814m), an increase of 3.5% compared with Q3 2016. Revenue was nearly flat at 0.3%, impacted by a currency impact that turned negative this quarter.

Gas and Services revenue totalled €4.787m ($5.630m) was up 4.0% compared to Q3 2016. This reflects an acceleration in sales growth compared with the previous two quarters, despite the limited impact of the hurricanes in the US.

Industrial Merchant experienced increased sales in all regions. However, the developing economies were particularly strong. In Europe, sales growth of 4.2% was driven by increased bulk and cylinder volumes, as well as positive price impact. Business momentum was strong in Italy, Iberia, France and Benelux.

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