- Air Liquide’s recurring operating income reached €5.39 billion, marking a 6.4% increase year-over-year, matching estimates.
- The Gas & Services segment generated an operating income of €5.56 billion.
- Engineering & Construction operating income stood at €62 million.
- Global Markets & Technologies reported an operating income of €173 million.
- The recurring operating margin improved to 19.9%, up from 18.4% year-over-year, slightly surpassing the estimate of 19.8%.
- Overall revenue was €27.06 billion, a slight decline of 2% compared to the previous year and just below the estimated €27.09 billion.
- The Gas & Services revenue was €25.81 billion, down 2.1% year-over-year, nearly meeting the estimate of €25.87 billion.
- Revenue in the Americas for Gas & Services rose by 1.5%, reaching €10.32 billion, exceeding the estimate of €10.22 billion.
- Asia-Pacific Gas & Services revenue declined by 2% to €5.30 billion, not reaching the estimated €5.34 billion.
- Large Industries revenue decreased by 9% to €7.12 billion, slightly under the estimated €7.17 billion.
- Industrial Merchant revenue fell by 0.6% to €11.91 billion, which was above the estimate of €11.86 billion.
- Healthcare revenue increased by 4.8%, totaling €4.27 billion, surpassing the estimate of €4.25 billion.
- Electronics revenue grew by 1.1% to €2.51 billion, performing better than the estimated €2.45 billion.
- Engineering & Construction revenue was €412 million, with a 5.6% increase, exceeding the estimate of €406.8 million.
- Global Markets & Technologies revenue saw a 2.6% decrease to €836 million but exceeded the €833.2 million estimate.
- Comparable sales increased by 2.6%.
- The dividend per share rose to €3.30 from €2.90 the previous year.
- Net income totaled €3.31 billion, a 7.4% rise year-over-year, although it was below the estimated €3.45 billion.
- Net debt remained constant at €9.2 billion, close to the estimated €9.32 billion.
- Air Liquide expressed confidence in their ability to further improve operating margins and achieve recurring net profit growth, maintaining constant exchange rates.
- The company has increased its margin ambition, now aiming for a 200 basis point increase for 2025-2026.
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A look at Air Liquide SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Air Liquide SA shows a promising long-term outlook. With a strong score of 4 for Growth and Momentum, the company is positioned well to capitalize on future opportunities and maintain positive performance in the market. This indicates that Air Liquide SA has the potential for sustained growth and continued upward momentum in the coming years.
Additionally, the company scores moderately in Value and Dividend at 2, showing stability and a balanced financial approach. With a Resilience score of 3, Air Liquide SA demonstrates the ability to weather market fluctuations and challenges, further supporting its long-term outlook. Overall, the Smartkarma Smart Scores suggest that Air Liquide SA is well-equipped to navigate the future landscape and deliver value to its investors and stakeholders.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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