Air Liquide sees strong momentum in Q1 2018 financials


Air Liquide’s Q1 2018 revenue reached €5,010m ($6.121m), up 6,0% on a comparable basis. This can be credited to a more favourable economic environment which had a positive effect on all market sectors and on the activity of Air Liquide’s customers whose projects are more numerous.

The level of growth for the Q1 follows and already solid rise in sales observed in the Q4 of 2017 (4.5%). On a reported basis, Air Liquie’s revenue decreased 3.2% compared with Q1 2017 due to a strong negative currency impact (8.2%), a negative scope effect (0.7%, and a slightly negative energy impact (0.3%).

Gas & Services revenue totalled € 4,831m ($5,902m) for the first three months of the year, up 5.0% on a comparable basis, and down 4.3% as published compared with the same period in 2017, due primarily to the negative currency impact and a scope impact.

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