- Recurring operating income of EU2.60 billion, up 4.8% year-over-year, beating estimates of EU2.56 billion.
- Gas & Services operating income of EU2.72 billion, up 5.1% year-over-year, beating estimates of EU2.66 billion.
- Engineering & Construction operating income of EU19 million, up 5.6% year-over-year.
- Global Markets & Technologies operating income of EU63 million, down 1.6% year-over-year, beating estimates of EU54.9 million.
- Recurring operating margin at 19.4%, compared to 17.7% year-over-year, beating estimates of 19.3%.
- Total revenue of EU13.38 billion, down 4.3% year-over-year, slightly above estimates of EU13.31 billion.
- Engineering & Construction revenue of EU197 million, up 9.4% year-over-year, beating estimates of EU184.9 million.
- Global Markets & Technologies revenue of EU386 million, down 2.3% year-over-year, below estimates of EU403.9 million.
- Gas & Services revenue of EU12.80 billion, down 4.5% year-over-year, above estimates of EU12.71 billion.
- Americas Gas & Services revenue of EU5.18 billion, up 0.3% year-over-year, above estimates of EU5.04 billion.
- Europe Gas & Services revenue of EU4.48 billion, down 10% year-over-year, close to estimates of EU4.51 billion.
- Asia-Pacific Gas & Services revenue of EU2.59 billion, down 6.2% year-over-year, slightly below estimates of EU2.6 billion.
- Middle East and Africa Gas & Services revenue of EU553 million, up 8.9% year-over-year, beating estimates of EU537.6 million.
- Large Industries revenue of EU3.46 billion, down 15% year-over-year, matching estimates.
- Industrial Merchant revenue of EU6.00 billion, down 0.8% year-over-year, beating estimates of EU5.95 billion.
- Healthcare revenue of EU2.12 billion, up 4.3% year-over-year, slightly above estimates of EU2.1 billion.
- Electronics revenue of EU1.22 billion, down 3.3% year-over-year, slightly above estimates of EU1.2 billion.
- Net income of EU1.68 billion, down 2.4% year-over-year, exceeding estimates of EU1.64 billion.
- Comparable sales increased by 2.6%.
- Net debt of EU10.2 billion, down 3.8% year-over-year, below estimates of EU10.41 billion.
- Company is confident of increasing operating margin and delivering net profit growth in 2024, at constant exchange rates.
Air Liquide SA on Smartkarma
Analyst coverage on Smartkarma reveals positive sentiment towards Air Liquide SA, with Tech Supply Chain Tracker reporting on June 7, 2024, that the company is investing $250 million in a US location for Micron gas. This move showcases Air Liquide’s commitment to growth and sustainability, emphasizing its strategic focus on expanding operations and meeting market demands. Additionally, the research highlights developments in other companies such as Maruti Suzuki in India, where renewable energy expansion is a key priority, aligning with global efforts towards environmental sustainability.
The analysis also touches on the impact of electric vehicles (EVs) on satellite dish demand, indicating a growing trend in high-tech product requirements. Furthermore, Nvidia’s hiring strategy to include foreign workers for its new R&D center in Taiwan underscores the company’s global outlook. Amid potential tariff risks between the EU and China, the research sheds light on industry dynamics and the importance of adapting to geopolitical challenges for long-term success.
A look at Air Liquide SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Air Liquide SA, the company has a promising long-term outlook. With a strong score in Growth and Momentum, it indicates that the company is positioned well for future expansion and market performance. This suggests that Air Liquide SA is likely to experience sustained growth and positive market momentum over the long run, which could be attractive to investors seeking opportunities with growth potential.
In addition, the company also scored moderately on Resilience and Value factors, indicating a certain level of stability and attractiveness in terms of valuation. While the Dividend score is not as high, the overall outlook for Air Liquide SA seems positive, especially for investors looking for growth opportunities in the industrial and healthcare gases sector. With its diverse product range and global presence, Air Liquide SA appears to be a company with solid potential for long-term growth and market performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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