Air Liquide’s 2015 financial results are out – and it signifies a “solid performance” for the French industrial gas giant on the back of exploring expanding global markets with key acquisitions.
The global corporation raked in a consolidated revenue of €16,380bn ($18.4bn) in 2015, up 3.3% on a comparable basis from the previous year. Air Liquide attributes this business growth to a “momentum in healthcare and electronics, and in Large Industries by higher volumes from new contracts.”
Its operating margin also benefitted from a high level of efficiency gains and lower energy prices, and rose to 17.6%.
The French company’s gas and services revenue for 2015 rose by 3.8% on a comparable basis, and reached €14,752bn ($16.5bn). Its sales in this area have seen sequential improvement for Air Liquide, reaching an increase of 4.8% in the fourth quarter of 2015, compared to the same quarter back in 2014.
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