Record earnings and cash flow are among many highlights of Praxair, Inc.’s full year 2013 results, declared today and reaffirming the company’s leadership position in the gases industry in the Americas region.
Takeaway from the results are fourth quarter sales of $3.0bn, 8% above the prior-year quarter, and full year sales of $11.9bn – up 6% from 2012.
Praxair also reported record full year operating cash flow of $2.9bn and fourth-quarter net income of $474m, while its high profile acquisition of the NuCO2 US beverage carbonation business is described as having ‘exceeded our expectations in all areas’.
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