PARIS (dpa-AFX) - French industrial gases company Air Liquide (AIQUY.PK) reported that its first-quarter group revenue was 6.65 billion euros, posting a growth of 2.1% on a comparable basis with the first-quarter of 2023. Published sales were down 7.3%, due to the decline in energy prices as well as negative currency impacts.
Gas & Services revenue reached 6.358 billion euros, up by 2.0% on a comparable basis. As published revenue for Gas & Services were down 7.8% in the first quarter of 2024, penalized by unfavorable energy (-5.7%) and currency (-4.1%) impacts.
Revenue in Global Markets & Technologies totaled 200 million euros in the first quarter, up 4.7%. Order intake for Group projects and third-party customers amounted to 176 million euros.
Consolidated revenue from Engineering & Construction totaled 92 million euros in the first quarter of 2024, up 6.5%.
In 2024, Air Liquide is confident in its ability to further increase its operating margin and to deliver recurring net profit growth, at constant exchange rates.
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