Air Products Sales Down 5% in Fiscal 2015 - Modern Distribution Management

Log In

Air Products Sales Down 5% in Fiscal 2015

Fourth-quarter sales down 9 percent year-over-year.

Air Products (NYSE: APD), Lehigh Valley, PA, reported sales for fiscal 2015 of $9.9 billion, a decrease of 5 percent compared to the same period a year ago. Profit increased 28.9 percent to $1.3 billion.

Sales for the fourth quarter were $2.5 billion, a 9 percent decrease year-over-year. Profit was $344.5 million, compared to $104 million in the prior year quarter.

For the quarter, industrial gases sales in the Americas were $902 million, a decrease of 13 percent year-over-year. In Europe, Middle East and Africa sales decreased 12 percent to $460 million, while in Asia sales increased 7 percent to $428 million.

Materials technologies sales for the quarter were $490 million, a decrease of 13 percent compared to the prior year quarter.

Share this article

About the Author
Recommended Reading
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.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

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

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 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



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
  • 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.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.