Air Liquide Confirms 2021 Views After 1Q Revenue Edged Down
23 Aprile 2021 - 08:08AM
Dow Jones News
By Olivia Bugault
Air Liquide SA said Friday that revenue fell slightly in the
first quarter, while it confirmed its views for the rest of the
year.
The French industrial-gas supplier said revenue fell 0.7% on
year to 5.33 billion euros ($6.41 billion) in the first quarter. On
a comparable basis, revenue rose 3.8%.
Revenue from its gas and services activities--which represents
96% of the group sales--dropped 1.7% to EUR5.10 billion in the
quarter, while revenue jumped 45% at its engineering and
construction business and rose 22% at its global markets and
technologies division, it said. On a comparable basis, gas and
service's revenue rose 2.8%.
"In 2021, in a context of limited local lockdowns in the first
half of the year and recovery in the second half, Air Liquide is
confident in its ability to further increase its operating margin
and to deliver recurring net profit growth, at constant exchange
rates," the company said, confirming what was said in February
during its 2020 results.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
April 23, 2021 01:53 ET (05:53 GMT)
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