Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Air Liquide    AI   FR0000120073

AIR LIQUIDE (AI)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

AIR LIQUIDE : 1st quarter: progressive improvement in activity

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/25/2012 | 10:19am CET
Group revenue for the 1st quarter 2012 reached 3,779 million euros, up +6.7% as published
1st quarter 2012 revenue
Variation Q1 12/ Q1 11
In million of euros published comparable*
Group revenue 3,779 M€ +6.7% +4.5%
of which Gas and Services 3,443 M€ +6.3% +4.0%

*on a comparable basis: excluding foreign exchange, natural gas and significant perimeter impacts

Group revenue for the 1st quarter 2012 reached 3,779 million euros, up +6.7% as published. After a fourth quarter 2011 characterized by a slow-down in growth related to the global economic situation, first quarter 2012 reflects progressive growth in the volumes consumed by clients of the Group.

Gas & Services sales reached 3,443 million euros, up +4.0% on a comparable basis. Growth is steady in Developing Economies (+11%), particularly in China, South America, Eastern Europe and the Middle East, and moderate in the Advanced Economies (+2%). The lower level of equipment sales in Electronics, weighing on growth in the Asia zone, is compensated by the strength of the activity in North America.

Large Industries is benefitting from an increase in oxygen and hydrogen volumes, relative to the previous quarter. Industrial Merchant activity is improving, particularly helped by pricing. Healthcare remains solid, driven by hygiene growth. Excluding Equipment and Installation sales, Electronics is stable.

The new efficiency gains amount to 59 M€ and are in line with the objectives of the ALMA 2015 program. Net debt remains stable.

Benoît Potier, Chairman and CEO of the Air Liquide Group, stated:

"This 1st quarter is characterized by a progressive improvement in activity, particularly in the month of March, leading to quarterly revenue growth of nearly 7%.

"The increase of the order intake in Engineering & Construction and the stability at a high level of the Group's 12-month portfolio of opportunities are tangible signs of the continuing strength in our clients' investment projects; they reinforce our confidence in the medium term.

"All of the initiatives taken within the ALMA 2015 program continue to contribute to the improvement of our performance indicators, and allow us to achieve growth while controlling expenses.

"In this context, and barring a major economic downturn, Air Liquide continues to aim for growth in net profit in 2012."

Pierre Dufour, Senior Executive Vice-President, Jean-Pierre Duprieu, Executive Vice-President, and Fabienne Lecorvaisier, Chief Financial Officer, will comment the 2012 1st Quarter Revenue on Wednesday, April 25, 2012 at 10:30 am Paris time (London 9:30 am, New York 4:30 am).

  • A live broadcastingof the conference, only in English, will be available via our website.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIR LIQUIDE
12/08 ARG : Federal Contracts Awarded by Federal Agencies in Arizona (Dec. 8)
12/07 A NEW STEP FORWARD IN CLEAN MOBILITY : Air Liquide and Groupe ADP open the hydro..
12/07 ARG : PIMC Medical Gas
12/07 ARG : $663,786 Federal Contract Awarded to Airgas
11/30 AIR LIQUIDE : Patent Issued for Hexacoordinate Silicon-Containing Precursors for..
11/24 AIR LIQUIDE : 'The Future Won't Be Long', by Jarett Kobek - review
11/23 ARG : Airgas to Build New Air Separation Unit Production Facility in Mebane, N.C..
11/22 ARG : Airgas coming to Mebane's N.C. Commerce Park
11/22 ARG : Mebane gets Airgas, 35 jobs and $47M facility
10/27 Linde trims costs, lifts margins as Praxair row brews
More news
News from SeekingAlpha
10/27 L'Air Liquide's (AIQUF) CEO Fabienne Lecorvaisier on Q3 2017 Results - Earnin..
10/25 L'Air Liquide SA ADR reports Q3 results
09/05 A Simple Strategy To Beat The Market Long-Term
09/04 CHEMICALS AND HURRICANE HARVEY : A Bad Formula
09/01 The Switch From Hydrogen To Electric Vehicles Continues, Now Hyundai Makes Th..
Financials (€)
Sales 2017 20 455 M
EBIT 2017 3 435 M
Net income 2017 1 996 M
Debt 2017 14 688 M
Yield 2017 2,28%
P/E ratio 2017 22,79
P/E ratio 2018 20,57
EV / Sales 2017 2,99x
EV / Sales 2018 2,84x
Capitalization 46 425 M
Chart AIR LIQUIDE
Duration : Period :
Air Liquide Technical Analysis Chart | AI | FR0000120073 | 4-Traders
Technical analysis trends AIR LIQUIDE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 104 €
Spread / Average Target -3,7%
EPS Revisions
Managers
NameTitle
Benoît Potier Chairman & Chief Executive Officer
Fabienne Lecorvaisier Chief Financial Officer & Vice President
François Darchis SVP-Innovation, Digital, Science & Technologies
Pierre Dufour Director
Karen L. Katen Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR LIQUIDE13.13%54 537
SHIN-ETSU CHEMICAL CO LTD25.62%43 714
PRAXAIR, INC.27.66%42 831
LYONDELLBASELL INDUSTRIES NV23.61%41 825
GIVAUDAN17.95%20 500
NAN YA PLASTICS CORP--.--%19 783