Finance

Chart Industries has reported results for the second quarter ended 30th June 2017.

Praxair has released strong Q2 financials thanks to employees’ ability to execute the core strategy and deliver high-quality results.

Lincoln Electric Inc., developer and manufacturer of arc welding products headquartered in Cleveland, has experienced growth across all segments and most end markets in Q2 2017.

Member companies of the Independent Welding Distributors Cooperative (IWDC) have set an all-time monthly spend record, exceeding their prior record by over $1.7m.

Capital expenditure (CAPEX) is the term given to funds that are used by an organisation to acquire or upgrade its assets, such as property or equipment.

BOC Limited, a Linde AG company, struggled in its fiscal 2016 financials, posting a loss in turnover due to uncertainties in the UK’s economic environment and the abrupt end of a major gas supply contract.

The Messer Group has released its 2016 full year financial results achieving consolidated sales of €1.146bn ($1.308bn) and an operating profit of €249m ($284m), despite the challenging economic environment.

Industrial fuel cell power company AFC Energy claims it is on the right track despite recording an operating loss of £2.7m ($3.5m) in its latest interim results.

Worthington Industries, Inc. has posted positive financials in its fiscal 2017 fourth quarter, boosted by a 6% sales lift in its Pressure Cylinders division.

Under hefty research and development (R&D) investments and capacity expansions, Turkish pressure vessel and industrial plant manufacturer Karbonsan doubled its turnover last year.