Loading...
Loading...
strong-fiscal-2019-q1-for-air-products
strong-fiscal-2019-q1-for-air-products

Strong fiscal 2019 Q1 for Air Products

0

Air Products has reported strong fiscal 2019 first quarter (Q1) results, highlighting a net income of $348m and diluted earnings per share (EPS) of $1.57.

These results included a net $0.29 EPS charge from non-GAAP items.

For the quarter, on a non-GAAP basis, adjusted net income from continuing operation of $410m and diluted adjusted EPS from continuing operations of $1.86 both increased 4% over the prior year. Excluding the impact of a plant sale in the prior year, diluted adjusted EPS from continuing operations increase 9%.

First quarter sales of $2.2bn were flat with the prior year, as 1% higher pricing and 5% higher energy pass-through were offset by 3% lower volumes and 2% unfavourable currency. 

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...
-->