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chart-reports-recording-breaking-financials-for-the-third-consecutive-quarter-2022-set-to-be-a-record-year
chart-reports-recording-breaking-financials-for-the-third-consecutive-quarter-2022-set-to-be-a-record-year

Chart reports recording-breaking financials for the third consecutive quarter; 2022 set to be a record year

Chart Industries has today (22nd July) reported its third consecutive quarter of record orders, contributing to a record backlog, orders with 133 new customers and 16 first-of-a-kind applications.

In its quarter two (Q2) 2021 results the US-based company reported orders of $447.9m for the quarter, contributing to a backlog of $1.08bn and sales of £332m, a 11.6% increase over Q1 2021.

Orders increased sequentially 7.4% when compared to Q1 2021 and 83.2% compared to Q2 2020. The company said that demand for Chart products and technologies continues to be broad based and is flowing through to sales and earnings.

Q2 results also showed record order and sales activity in EMEA and India, 60 new orders that were individually greater than $1m, record HLNG vehicle tank orders and record water treatment orders of $7.3m.

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