By Nathan Allen 
 

Air Liquide SA (AI.FR) said Wednesday that third-quarter revenue rose more than 6% due in part to more favorable currency fluctuations and stronger energy prices.

The French industrial-gases maker said revenue was 5.27 billion euros ($6.04 billion), compared with EUR4.94 billion a year earlier.

Analysts expected sales of EUR5.23 billion, according to a FactSet-compiled consensus.

"The currency impact softened, though it remains negative," Chief Executive Benoit Potier said.

The group had earlier signaled that unfavorable currency swings would reduce third-quarter sales by around 1%.

Air Liquide reaffirmed its target to deliver net profit growth in 2018, calculated at constant exchange rates and excluding 2017 exceptionals.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

October 24, 2018 01:44 ET (05:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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