Air Products recently published its Annual Report, which included an overview of 2009 from John McGlade, Chairman, President and Chief Executive Officer of the company, and an insight into what we can expect in 2010.
In a letter detailing last year’s trials and tribulations, McGlade addresses the company’s shareholders, starting, “Last year as I wrote this letter, I spoke of great uncertainty and volatility as the world’s financial markets and economies collapsed.”
He added, “A year later, as the global economy begins to recover, I reflect not on this difficult past year, but on the bright future we have because of the tough but necessary actions we took in response to the global recession.”
Throughout the year, quarterly financial earnings results released by Air Products reported actions taken to offset negative economic effects and improve margins.
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