Air Liquide has posted solid revenues for the second quarter of 2017, thanks to the Airgas consolidation and recovery in Industrial Merchant.
Group revenue for the first half of 2017 grew by 28.4% to reach €10.293m ($12.047m), benefiting from the consolidation of Airgas sales for the entire semester. Adjusted for major changes in the portfolio, the first half revenue growth was 5.7%.
On a comparable growth basis, group revenue increased by 1.8% over the first six months, to which are being added a positive currency effect of 1.7% and a favourable energy impact of 2.2%. Growth in the Q2 of 2017, which was 2.0% on a comparable basis, is slightly higher than in the first quarter of 2017. Gas and Services sales rose steadily, while Engineering and Construction remained weak in a challenging environment.
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