Currency Impact on Air Liquide's Revenue
Air Liquide's group revenue for the third quarter fell by 2.4%, attributed to currency impacts and lower energy prices.
CEO François Jackow noted that revenues rose by 1.9% to nearly €6.6bn, driven by growth in Gas and Services businesses.
- Asia-Pacific sales dropped slightly by 0.8% year-on-year.
- Healthcare and industrial merchant businesses were growth drivers, up 5% and 3% respectively.
- The Americas saw 5% growth, while Europe, Middle East and Africa (EMEA) revenues rose marginally by 0.4%.
Revenues rose 1.9% to nearly €6.6bn, driven by a similar percentage growth in its Gas and Services businesses.
Air Liquide's investment backlog stands at nearly €5bn with new decisions amounting to €0.
Author's summary: Air Liquide's revenue fell 2.4% due to currency impacts.
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