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Developing Economies Boost Air Liquide's First-Quarter Sales

3:03 AM MDT | April 25, 2012 | Sotirios Frantzanas

Air Liquide says sales in the first quarter of 2012 increased 6.7%, to approximately €3.78 billion ($5 billion) compared with €3.54 billion as published for the first quarter of 2011. First-quarter 2012 sales growth reflects a progressive improvement in consumption of industrial gases by Air Liquide's clients, the company says. However, the sales figure is 2% below the €3.86 billion that analysts at Bernstein Research (London) were forecasting.  First-quarter profits were not disclosed.  Air Liquide says that first-quarter sales growth...

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