IHS Chemical Week

People & Business :: Earnings/Finance

Praxair reports earnings, sales growth on acquisitions and stronger volumes

11:03 AM MDT | July 24, 2013 | Lindsay Frost

Praxair says that net income increased 4% year-over-year (YOY), to $445 million. Reported earnings were $1.49/share, in line with analyst estimates as reported by Thomson Reuters (New York). Sales of $3 billion grew 7% YOY due to strong volumes in Asia and South America, partially mitigated by lower volumes in Europe, and acquisitions—which contributed 3% growth, the company says. The company also lowered its full year earnings guidance by 3%, down to $5.90-$6.00/share—from a previous range of $5.90-$6.05/share released in the first quarter—due...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
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