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continued-strong-growth-for-air-liquide-in-q3-financials
continued-strong-growth-for-air-liquide-in-q3-financials

Continued strong growth for Air Liquide in Q3 financials

Air Liquide has released solid financials in its latest results with group revenue rising 6% to €5.3m in the third quarter.

This strong growth was in line with that of the first half year and was driven by a robust market environment overall, the Tier One corporation explained. This was supported by high Gas & Services sales, an improvement in Engineering & Construction and the strong growth of Global Markets & Technologies.

The sale of the Airgas Refrigerants business at the end of 2017 led to a significant scope impact of -0.5%. Published change in Group revenue was therefore up +6.6% over the quarter.

Highlights for Air Liquide in the third quarter include: the inauguration of the Paris Innovation Campus in the “Plateau de Saclay”; entry into Kazakhstan, with the signing of a long-term contract to supply hydrogen, and the takeover of an existing production unit; and the inauguration of an electrolyser for the production of carbon-free hydrogen in Denmark.

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