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Compelling progress for Air Liquide

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Air Liquide has upped the financial ante with a positively healthy performance in the first half of 2008 and a record second quarter for the group’s Gas and Services division.

The group’s Board of Directors, chaired by Chairman and CEO Benoît Potier, met on 1st August 2008 and reviewed financial statements for the first half of 2008 – discovering first half group revenue of €6.370m, a 13.2% increase compared to the previous year.

Such growth includes a record second quarter for Gas & Services activity, up 9.9% comparably, after continuous acceleration in 2007 and a high level in Q1 2008. This is cited as resulting from a combination of strong demand for hydrogen and ramp-ups of new units in Large Industries in Europe and Asia.

Good progress in Industrial Merchant, a Healthcare business which continued to show strong growth, and sustained sales in Electronics following several quarters of outstanding growth are also seen as fundamental factors for the strong performance.

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