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air-products-q2-sales-slip-8-amid-pricing-challenges
© Air Products
air-products-q2-sales-slip-8-amid-pricing-challenges
© Air Products

Air Products Q2 sales slip 8% amid pricing challenges

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Air Products has today (30th April) reported its second quarter (Q2) financial results, reporting a sales decrease of 8% to $2.9bn.

The industrial gas giant said its quarterly sales were negatively impacted by lower energy cost pass-through, lower volumes, and unfavourable currency.

Despite the sales slip, Air Products did report increased earnings and net income.

GAAP EPS from continuing operations of $2.57 was up 30% from the prior year, and GAAP net income of $581m was up 29% over the prior year.

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