The 2020 Mid-Year Economic Update_long

Air Liquide Sales Up 19.5% in 2Q

For the first six months, sales were up 28.4 percent year-over-year.

Paris-based Air Liquide reported sales for the second quarter of €5.1 billion (US$6 billion), up 19.5 percent on a reported basis and 2 percent on a comparable basis compared to the prior year.

Gas & services sales for the second quarter were €4.9 billion (US$5.8 billion), up 21.2 percent year-over-year on a reported basis and up 2.7 percent on a comparable basis.  Engineering & construction sales decreased 28.8 percent on a reported basis and 29.1 percent on a comparable basis to €93 million (US$109.3 million).

For the first six months, sales were €10.3 billion (US$12.1 billion), up 28.4 percent on a reported basis and up 1.8 percent on a comparable basis compared to the same period in 2016.

"The Group's performance in the first half of 2017 was solid, with further growth in revenue and net profit, as well as an improvement in the operating margin," said Benoît Potier, chairman and CEO of Air Liquide. "Sales benefited from the end of the Airgas consolidation effect and positive currency and energy impacts."

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.