France's Air Liquide Q3 revenue falls 8.2%

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)

To discuss issues facing the chemical industry go to ICIS connect

By: Tahir Ikram
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly