Air Products has posted a double-digit sales rise in its fiscal second quarter 2017 financials, stating that it “continues to operate from a position of strength.”
Sales in the second quarter, which ended on 31st March 2017, climbed 11% to almost $2bn. Air Products attributed this to positive volumes in Asia, North America and Europe, whilst that company revealed that continued progress on the Jazan project was partially offset by lower liquefied natural gas (LNG) activity.
Reported net income from continuing operations reached $304m in the quarter, up 9% versus the prior year. On an adjusted basis, net income was up 5% totalling $314m.
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