On February 14th, Air Liquide has announced its 2018 Annual Results.
2018 was a particularly strong year, whether we are looking at sales growth to 21 billion euros and the rise in net profit to 2.1 billion euros or the efficiencies and synergies achieved as well as the high level of industrial investment decisions. Sales growth is the highest since 2011. All activities/businesses are growing, in particular Gas & Services activities, which account for 96% of the Group’s revenue, with the last quarter particularly dynamic in Electronics and Industrial Merchant. From a geographic perspective, growth was also seen across the board, especially for the Americas and Asia Pacific, particularly China.
Electronics posted record growth of +9.9%, with a marked increase in Carrier Gases and Advanced Materials and exceptionally high Equipment & Installation sales.