Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

Air Liquide reports quarterly revenue beat, confirms margin targets

By Reuters News

Oct 29 (Reuters) - French industrial gases company Air Liquide AIRP.PA reported third-quarter revenue above market expectations on Thursday, supported by strong growth in its Electronics and Industrial Merchant divisions, and confirmed its margin targets for 2026 and 2027.

Quarterly revenue grew 3% on a comparable basis to €7.26 billion ($8.10 billion). Analysts polled by Vara were expecting sales of €7.16 billion on average.

"The key development this quarter is the acceleration of volume growth in Electronics and Industrial Merchant segments, going beyond positive pricing effects. While subject to fluctuations in this volatile environment, this is a very positive sign," CEO François Jackow said in a statement.

Air Liquide said it still expected to raise its operating margin by 100 basis points in both 2026 and 2027, excluding energy effects, while growing its recurring net profit at constant exchange rates this year, for a total 560-basis-point improvement over 2022-2027.

It also launched the first €1 billion tranche of its €4 billion share buyback programme, with purchases set to begin on Friday and to be completed by the end of 2026.

($1 = 0.8959 euros)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.