France's Air Liquide Q1 sales rise 7% to €3.78bn

25 April 2012 08:52  [Source: ICIS news]

SINGAPORE (ICIS)--Air Liquide posted a 6.7% year-on-year increase in its first-quarter 2012 revenues to €3.78bn ($4.97bn), reflecting “progressive growth in the volumes consumed by clients”, the French industrial gases firm said on Wednesday.

Its revenues from gas and services business rose 4% year on year on a comparable basis to €3.44bn in the first quarter, the company said in a statement.

“This first quarter is characterized by a progressive improvement in activity, particularly in the month of March, leading to quarterly revenue growth of nearly 7%,” said Benoit Potier, chairman and CEO of the Air Liquide Group

"Barring a major economic downturn, Air Liquide continues to aim for growth in net profit in 2012," Potier added.

($1 = €0.76)

By: Nurluqman Suratman

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