Airgas Sets $5 Billion Revenue Target by 2011

Airgas says it expects annual revenues to exceed $5 billion in its 2011 fiscal year, boosted by strong growth in existing operations and continued acquisitions. Airgas expects to post revenue of $4 billion in its fiscal year ending March 31, 2008, a 25% advance over the prior year, chairman and CEO Peter McCausland told investors at an analyst meeting in Philadelphia last week. Airgas, which has completed more than 350 acquisitions in the past 25 years, expects acquisitions to add $100 million-$150 million/year to sales in the 2009 through 2011 fiscal years. The...

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