- Air Liquide reported a total revenue of EU6.76 billion for Q3, slightly below the estimate of EU6.84 billion, marking a year-over-year decrease of 0.7%.
- Comparable sales increased by 3.3% during the same period.
- Gas & Services revenue reached EU6.45 billion, down 0.6% from the previous year, not meeting the forecast of EU6.52 billion.
- In the Americas, gas and services revenue rose by 0.2% to EU2.56 billion, falling short of the expected EU2.6 billion.
- European gas and services revenue decreased by 3.6% to EU2.25 billion, slightly under the estimate of EU2.28 billion.
- Asia-Pacific gas & services revenue grew by 2.1% to EU1.34 billion, aligning with expectations.
- Middle East and Africa gas & services revenue increased by 4.6% to EU296 million, below the estimated EU299.5 million.
- Large Industries revenue fell by 3.4% to EU1.82 billion, missing the EU1.86 billion estimate.
- Industrial Merchant revenue declined by 1.4% to EU2.95 billion, below the prediction of EU2.97 billion.
- Healthcare revenue rose by 4% to EU1.05 billion, slightly under the projection of EU1.06 billion.
- Electronics revenue increased by 4.7% to EU628 million, outperforming the estimate of EU592.4 million.
- Engineering & Construction revenue was stable at EU110 million, matching the previous year’s figures and exceeding the forecast of EU107.5 million.
- Global Markets & Technologies revenue decreased by 5% to EU207 million, surpassing the estimate of EU200.5 million.
- The company remains confident in its ability to enhance its operating margin and achieve recurring net profit growth, assuming constant exchange rates.
Air Liquide SA on Smartkarma
Analyst coverage of Air Liquide SA on Smartkarma indicates a positive outlook as per Tech Supply Chain Tracker‘s report. Released on 7th June 2024, the research highlights Air Liquide’s significant investment of $250M in a new US facility to cater to Micron gas supply. This move showcases the company’s commitment to growth and sustainability, reflecting positively on its future prospects. The report also touches upon Maruti Suzuki’s renewable energy expansion in India, the increasing demand for high-tech satellite dishes driven by electric vehicles (EVs), and Nvidia’s strategic hiring of foreign workers in Taiwan.
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 shows promise for long-term growth and resilience. With a solid score of 4 in Growth and Momentum, Air Liquide SA is positioned to continue expanding and maintaining positive momentum in the market. Additionally, the company scores a 3 in Resilience, indicating its ability to weather economic uncertainties and challenges. While the Value and Dividend scores are on the lower side at 2, the overall outlook for Air Liquide SA appears favorable for investors looking for growth potential.
Air Liquide SA, a global producer of industrial and healthcare gases, operates across multiple continents offering a diverse range of products including nitrogen, argon, and oxygen. The company also manufactures equipment for welding, diving, and medical purposes. With a strong focus on growth and resilience according to the Smartkarma Smart Scores, Air Liquide SA‘s strategic position in the market suggests a promising future ahead despite moderate scores in Value and Dividend factors.
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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