The Air Liquide logo is displayed in Bouliac, near Bordeaux, France, September 16, 2019. REUTERS/Regis Duvignau/File Photo Feb 16 (Reuters) – Air Liquide (AIRP.PA) reported on Thursday annual sales only slightly short of consensus, saying the French industrial gases company’s resilience would allow it to invest in decarbonization and energy transition projects in Europe and the United States. The results were hit by a record energy impact reaching 16% annually, caused by the war in Ukraine and high inflation environment, the company said. The company added it is still resilient thanks to a broad presence in different geographies and the company’s ability to adapt to the challenging environment. The supplier of gases such as oxygen, nitrogen and hydrogen to factories and hospitals posted sales of 29.93 billion euros ($32.04 billion) in 2022, slightly below the 29.96 billion euros ($32.08 billion) average forecast from a company-provided consensus. One of the largest hydrogen producers in the world pointed to significant investment opportunities in United States, especially along the Gulf Coast, resulting from the Inflation Reduction Act (IRA). Latest Updates Air Liquide benefits from the clean energy transition in the United States, especially after President Joe Biden signed the $430 billion Inflation […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
