09 June 2011 16:09 [Source: ICIS news]
HOUSTON (ICIS)--Air Products intends to increase its growth by 11%–13% per year to achieve total revenues of $15bn (€10bn) in 2015, the US-based international industrial gases major said on Thursday.
CEO John McGlade said Air Products’ operating margin should improve by 300 basis points to 20% and its return on capital should increase by 150 basis points to 15% from 2011 to 2015.
The company would achieve the improvement through its strong positions in energy, environmental and emerging markets worldwide, he said.
Air Products' innovation, improvement and integration actions should allow the company to continue to lower its costs, improve returns and gain a greater competitive advantage over its peers, McGlade told investors at a conference in ?xml:namespace>
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