22 October 2009 07:58 [Source: ICIS news]
SINGAPORE (ICIS news)--French industrial gases company Air Liquide said on Thursday that its third-quarter revenues fell 8.2% year on year to €2.98bn ($4.52bn), partly due to declines in natural gas prices.
Compared with the second quarter, sales in the July-to-September period grew. The company did not reveal its net profits for the third quarter.
Air Liquide chairman and CEO Benoit Potier said in a statement that the group had reduced its costs by more than €230m in the first nine months of the year.
The company expected to keep its revenue and net income this year close to 2008 levels, Potier said.
($1 = €0.66)
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