By Mauro Orru 
 

Air Liquide SA has outlined plans to bolster sales growth and investments through 2025, while balancing the need to reduce carbon emissions.

The industrial-gases company said Tuesday that it expects an acceleration in sales growth between 5% to 6% on average a year, with investments reaching about 16 billion euros ($17.63 billion) through 2025.

Air Liquide's operating margin is expected to improve by more than 160 basis points for the period. Its return on capital employed should be more than 10% starting in 2023.

The company also targets a reduction of its carbon-dioxide emissions starting around 2025. Air Liquide aims to reduce its emissions by a third by 2035, reaching carbon neutrality by 2050.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

March 22, 2022 03:36 ET (07:36 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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