Air Liquide overcame a challenging geopolitical and economic environment to post sales of €29.9bn in 2022.
François Jackow, CEO, said sales rose 7% year-on-year, operating margin increased by more than 70 base points and recurring net profit was up 17% at constant exchange rates.
All activities performed strongly with the Gas & Services business, which represents 95% of Group revenue, up 6.1%, on a comparable basis, while the Engineering & Construction business grew 20.6% and Global Markets & Technologies by 25.8%.
Within Gas & Services, all geographies posted growth, in particular the Americas and Asia Pacific. By business line, the increase in sales was notably driven by Industrial Merchant and Electronics.
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