in this issue
World News and Views :: Top of the News
Air Products reports higher sales on acquisitions
July 23, 2013 | Lindsay Frost
Air Products reports that net income for the quarter ended 30 June fell 59%, to $288 million year-on-year (YOY), on sales up 9%, to $2.5 billion, because of acquisitions, including liquid carbon dioxide firm EPCO in June, and higher energy cost pass-through. Income from continuing operations, excluding the impact of its exit from polyurethane intermediates (PUI) business, fell 18%, to $298 million. Earnings per share of $1.36/share were on track with analyst estimates, according to Thomson Reuters (New York). "Productivity and solid execution...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee