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Air Liquide – solid performance in first half 2005

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The supervisory board of Air Liquide, chaired by Alain Joly, met on 5 September 2005 and reviewed the financial statements for the first half of 2005 presented by Benoît Potier, chairman of the management board.

At 30 June 2005, Air Liquide, publishing its accounts under IFRS, recorded sales of 5,041 million euros (+12.4%), and net earnings of 436 million euros (+26.5% and +13.1% excluding restructuring charges taken in 2004 for acquired Messer activities).

Net earnings per share were 4.04 euros, in line with growth in net earnings.

Mr Potier, said: “Earnings growth achieved in the first half of 2005 confirms our ability to leverage our presence in the most dynamic large markets such as North America, to grow in the most promising sectors, such as healthcare, hydrogen and to develop our business in the rapidly expanding geographic zones, such as Asia. Excellent progress with the integration of acquired Messer activities has also contributed to this growth.

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