In the 2010 financial year, Messer, the largest privately run industrial gases company, increased its sales by 14% compared with the previous year. Messer has attributed this to the broad spectrum of gases and technologies it offers as well as the development of its business in China.
Industrial gases specialist Messer achieved worldwide sales of around €909m in the 2010 financial year, exceeding total sales for 2009 by approximately €112m. EBITDA was 207 million euros in 2010.
“After 2009, a year in which the economic crisis had a major impact, we have once again been able to achieve a record result for the 2010 financial year. The development of our business in China continues to be very promising, and this made a significant contribution to our double-digit growth in the past year,” explained Stefan Messer, owner and CEO of the Messer Group. Messer invested a further €168m in the expansion of its core business.
Dr. Uwe Bechtolf, Executive Vice President Controlling/Accounting & Strategy at Messer Group, commented on the latest results, “The Messer Group has successfully come through what has been a virtually ideal type of practical test within a two-year period. Diversification in terms of products and countries has proved successful in helping to cushion the Messer Group against economic downturns and enabling it to take full advantage of economic upturns.”