Air Liquide has revealed first-half 2016 group revenue of just under €8.3bn ($9.2bn approx.), up 2.2% on a reported basis and +8.0% excluding the currency and energy impact compared with the first half of 2015.
The company cited continued dynamism in the electronics market, higher volumes in its Large Industries business and the ongoing rise of the healthcare business as driving growth in the period.
The results also included €511m ($570m) of Airgas sales consolidated as of 23rd May 2016, the closing date of the industry’s game-changing acquisition. Excluding Airgas, comparable growth* was +1.7%.
All of which offset huge falls in revenue in the group’s Engineering & Construction revenue, which stood at €254m ($283.6m) having been adversely impacted by the slowdown in major projects related to energy and the low number of new projects.
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