• Air Liquide’s revenue for the first quarter fell behind the estimated target by 7.3%, leading to a total revenue of EU6.65 billion instead of EU6.96 billion.
• The company reported a rise in comparable sales by 2.1%.
• Air Liquide’s Gas & Services sector reported a lower revenue than estimated, totalling only EU6.36 billion.
• In the Americas, the revenue of the gas & services sector came to EU2.55 billion, beating the estimate of EU2.5 billion with a fall of 3% year-on-year.
• European gas & services revenue, however, lagged behind with a 15% year-on-year decline making up EU2.25 billion.
• The Asia-Pacific region saw a slight decrease of 6.8% in gas & services revenue.
• Middle East and Africa did see a rise in their gas & services revenue of 11%.
• Large Industries reported a significant slump of 21% in their revenue.
• The Industrial Merchant sector also saw a small decrease of 2.1% year-on-year.
• Healthcare sector enjoyed an increase of 3.4% in their revenue, standing at EU1.05 billion, surpassing the estimated EU1.01 billion.
• Electronics sector saw a slight dip of 6.4% in their revenue.
• Engineering & Construction reported a positive y/y increase of 5.7% in their revenue.
• The Global Markets & Technologies sector reported a slight increase of 3.1% y/y in their revenue.
• The company remains confident that it would further increase its operating margin in 2024, delivering recurring net profit growth at constant exchange rates.
• In the first three months of the year, the company generated efficiencies amounting to €112 million.
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’s long-term outlook appears positive. With strong scores in Growth and Momentum, Air Liquide SA is positioned for potential expansion and market performance in the future. The company’s focus on innovation and growth opportunities indicates a promising trajectory ahead.
Air Liquide SA, a global leader in industrial and healthcare gases, demonstrates resilience and steady performance, with a solid foundation in place for long-term sustainability. While there may be room for improvement in Value and Dividend scores, the overall outlook for Air Liquide SA remains favorable, supported by its established presence in key markets across continents.
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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