Air Liquide has stated its “objectives” have been “maintained” in reflection of the group’s business performance for the first half of 2014.
First half 2014 group revenue was €7,506m, an increase versus first half 2013 of +4.8% on a comparable basis, and down slightly (-0.7%) on a reported basis. Similarly, Gas & Services sales, which amounted to €6,807m, grew +4.7% in first half 2014 on a comparable basis and fell slightly (-1.1%) as published.
The currency impact, which has no impact on the business, continues to be unfavorable (-4.2% at the group level for the semester).
On a comparable basis, Gas & Services sales in developing economies rose by +13.9% for first half 2014 and all Gas & Services activities posted growth. Large Industries, up +4.8%, benefited from the start-up of new production units, as well as from higher demand for hydrogen in the United States for the refining sector, the development of the chemical sector in the industrial basins of Antwerp and Rotterdam, and from sustained demand for air gases in both China and the United States.
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