BOC have announced ‘another quarter of double-digit growth with a strong cash flow performance and a further improvement in return on capital’.
Group turnover and operating profit increased for both the first six months and the second quarter (FY 2005).
Adjusted earnings were up 14% for the first six months and up 13% for the second quarter.
| 1st half 2005 | 1st half 2004 | 2nd qtr 2005 | 2nd qtr 2004 | |
| Turnover | $4.406.0 m | $4,259.7 m | $2,177.1 m | $2,126.4 m |
| Operating Profit | $550.2 m | $517.5 m | $273.7 m | $258.9 m |
| EPS | 77.9c | 56.1c | 46.7c | 28.2c |
| Adjusted EPS | 63.1c | 56.1c | 31.9c | 28.2c |
The main highlights of the period were that the results from Process Gas Solutions benefited from generally strong demand in Asia and from the acquisition of an increased share of the Cantarell nitrogen joint venture in Mexico.
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