Air Liquide Group Publishes 3rd Quarter 2008 Report

The world leader in industrial and medical gases, Air Liquide, published its Q3 2008 report on October 23, 2008. It shows sustained growth in this quarter.

In the 3rd quarter 2008, Group revenue amounted to €3,247 million, up +10.4% as published (+13.1% at constant exchange rates).

Gas & Services revenue, up +9.6% on a comparable basis, reached €2,760 million in line with the high growth rates recorded since the fourth quarter 2007. Industrial Merchant showed very good performance, in particular in emerging economies. Strong demand for hydrogen, unit start-ups and ramp-ups in Europe and Asia contributed to the sustained growth in Large Industries, despite the impact of hurricanes in the Gulf Coast. Healthcare is still solid in a context of increased cost-containment in the national health systems. Revenue in Electronics improved slightly, compared to those of the second quarter 2008, buoyed by good progress in carrier gases.

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