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People & Business :: Companies
Air Liquide Sets Five-Year Financial Goals; Targets Emerging Markets
3:45 AM MST | December 16, 2010 | Kerri Walsh
Air Liquide has set new financial objectives for 2015, and has announced a capital investment plan of €12 billion ($16 billion) for that time period. Air Liquide says it targets sales growth of 8%-10%/year, and improve its return on capital employed (ROCE) from 11.6% in 2009, to 12%-13%. Air Liquide says it also targets more than €200 million/year in operating efficiencies. Air Liquide says €10 billion of the capex budget will be used for "industrial investments." Most of its investments during the next five years will be made in...
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