Air Products has reported net income of $335m, up 17% versus prior year, and diluted earnings per share (EPS) of $1.55, up 16% versus prior year, on a non-GAAP continuing operations basis for its fiscal first quarter (Q1) ended 31st December (2014).
On a GAAP basis, net income and diluted EPS from continuing operations were $325m and $1.50, respectively, for the quarter.
Air Products declared itself as ‘greatly encouraged’ by the results, considering the wider economy uncertainty and the structural changes underway at the company.
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