Airgas, Inc. has today released its Fiscal 2016 second quarter (Q2) earnings, with the ‘challenging industrial economy’ reflected in flat organic sales compared to the prior year.
Total Q2 sales of $1.4bn were up 1% over the prior year, arguably demonstrating the resilience of its business during ‘difficult’ economic times.
This was certainly the view of Airgas President and CEO Michael L. Molinini, who commented, “Our results continue to reflect the challenging industrial economy with sales to customers in our energy and chemical, and manufacturing and metal fabrication end markets down year-over-year in the mid single digits.”
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