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praxair-reports-5-profit-growth-for-first-quarter-of-2012
praxair-reports-5-profit-growth-for-first-quarter-of-2012

Praxair reports 5% profit growth for first quarter of 2012

Praxair, Inc reported first-quarter net income growth and diluted earnings per share of $419m and $1.38, 5% and 7% above the prior-year quarter, respectively.

Sales in the first quarter were $2.840m, an increase of 5% compared to $2.702m in the previous year.

Sales grew 8% from the prior-year quarter, excluding negative foreign currency and cost pass-through effects.

Strongest sales growth was seen in North America and Asia in the manufacturing, metals and energy markets.

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