17 February 2015
DETAILS
Benoît Potier,
Chairman and CEO of Air Liquide
“In a mixed environment that was also marked
by rapid changes in exchange rates and the oil price,
the Group achieved a solid 2014 performance,
in sales, operating margin and cash flow.
Revenue growth in 2014 was primarily driven
by strong momentum
in the Americas, Asia-Pacific
and the developing economies, and
by robust Electronics activity.
In Europe, performance remains contrasted,
albeit with a slight improvement in the fourth quarter.
Overall, on a comparable basis,
all of our Gas & Services and
Engineering & Technology businesses reported growth
in the fourth quarter, as well as for the year as a whole.
In 2014, the Group continued to improve its competitiveness,
in particular through successful cost adjustments and
substantial efficiency gains, which contributed
to our increased operating margin.
The strength of the balance sheet,
the investment backlog at € 2.8 billion, and
the new contracts signed will contribute to growth
in the next few years, as will the initiatives
underway designed to accelerate innovation.
Assuming a comparable economic environment,
Air Liquide is confident in its ability
to deliver another year of net profit growth in 2015.”
VIEW AIR LIQUIDE FY2014 RESULTS PART 1
VIEW AIR LIQUIDE FY2014 RESULTS PART 2
WWW.CHEMWINFO.COM BY KHUN PHICHAI
