IHS Chemical Week

Markets :: Industrial Gases

Gases Firms Report Strong Quarter

1:13 PM MST | January 28, 2008 | Kerri Walsh

Industrial gases producers had a strong fourth quarter and beat analysts’ earnings estimates. Praxair reported net income up 17%, to $316 million (98 cts/share), on sales up 19%, to $2.5 billion. Energy and manufacturing markets drove sales growth, Praxair says. “Operating margin expanded 0.7 percentage points to 19.2% due to higher sales of onsite atmospheric gases and good cost control,” says Jeffrey Zekauskas, analyst with J.P. Morgan (New York). Praxair says it expects full-year 2008 earnings of $4.00-$4.20/share. First Call’s (Boston)...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa