France's Air Liquide Q3 adjusted revenue up 5.1%

24 October 2013 07:40  [Source: ICIS news]

SINGAPORE (ICIS)--Air Liquide’s adjusted group revenue rose 5.1% year on year to €3.77bn ($5.2bn) in the third quarter of this year, supported by improved sales at its gas and services business segment, the French firm said on Thursday.

The company’s gas and services segment posted a 5.1% year-on-year increase in sales at €3.44bn, it said in a statement.

The sales figures reported by Air Liquide was adjusted for currency and natural gas impacts.

On a published basis, the company’s group revenue slipped by 1% year on year while its gas and services sales dropped by 1.3%.

“Our performance this quarter is in line with the positive trend observed since the

beginning of the year, driven by our healthcare activity, the dynamism in the Americas and Eastern Europe, as well as an improvement in Japan and in Electronics,” said Benoit Potier, chairman and CEO of Air Liquide Group.

“Barring a degradation of the environment, Air Liquide is confident in its ability to deliver another year of net profit growth in 2013,” he added.

($1 = €0.73)

By: Nurluqman Suratman

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