Air Liquide consolidated sales 2004

28-Jan-2005

Air Liquide's consolidated sales for 2004 were 9,376 million Euros, an increase of +11.7% over 2003. This figure includes growth of +7.1% from activities (excluding foreign Exchange and natural gas) and the contribution of acquired Messer operations (470 million Euros over eight months) of +5.6%.

In the 4th quarter 2004, consolidated sales reached 2,554 million Euros. They include acquired Messer operations (178 million Euros) as well as the first time proportional consolidation of full year sales in our joint ventures in Singapore and Hong Kong (110 million Euros). Excluding these effects and adjusted for foreign exchange and natural gas, activities grew by +5.8% over the period.

Commenting on these figures, Benoît Potier, Chairman of the Management Board of Air Liquide, said: "Year 2004 was very significant for Air Liquide, due to the acquisition and successful integration of Messer operations which enhances our core business in Europe and the US and the delivery of accelerated growth which confirms our strategy.

As a result, the Group has recorded strong consolidated sales growth for the year. Air Liquide's hydrogen activities have developed strongly and both homecare and service businesses have confirmed their ability to deliver sustainable growth. In 2004, Air Liquide grew in all our markets, in Europe, the US and Asia, and particularly in China, demonstrating the Group's new momentum.

For 2004, we confirm higher growth in reported net earnings than in 2003, close to the Group's organic sales growth for the year.

https://www.chemeurope.com/en/news/42980/air-liquide-consolidated-sales-2004.html