Continued sales growth and selective investment decisions in an environment rich in opportunities: Air Liquide releases solid third quarter (Q3) results.
The French industrial gas giant said group revenue totalled €5.5bn, up 3.5% on a comparable basis and in spite of a softening economic environment, Gas & Services posted robust comparable sales growth up 3.5%.
In Engineering & Construction, sales to third-party customers were stable compared with the second quarter, with resources mainly attributed to internal Large Industries and Electronics projects.
Within its Large Industries business, Air Liquide highlighted the signature of three long-term contracts in Q3, in the US Gulf Coast with Methanex, in Canada with Shell Chemicals and in the Philippines with Pilipinas Shell.
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