On Tuesday, France’s Air Liquide—a major supplier of industrial and medical gases like hydrogen, nitrogen, and oxygen to factories and healthcare facilities—announced its Q1 financial results. The company’s revenue fell just short of market forecasts. Excluding energy cost fluctuations and negative currency exchange impacts, sales reached €6.79 billion ($7.95 billion). This figure slightly missed the €6.83 billion average estimate predicted by Vara Research analysts.
NEWSMARKET
Air Liquide Misses Q1 Revenue Forecasts Despite Underlying Sales Growth
Résumé
French gas supplier Air Liquide reported a Q1 revenue of €6.79 billion, narrowly missing the €6.83 billion analyst consensus, despite adjusting for energy costs and foreign currency fluctuations.
