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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Air Liquide SA | EU:AI | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.08 | 0.04% | 186.80 | 186.78 | 186.82 | 187.06 | 185.00 | 185.82 | 207,243 | 11:01:45 |
By Mauro Orru
Air Liquide SA has outlined plans to bolster sales growth and investments through 2025, while balancing the need to reduce carbon emissions.
The industrial-gases company said Tuesday that it expects an acceleration in sales growth between 5% to 6% on average a year, with investments reaching about 16 billion euros ($17.63 billion) through 2025.
Air Liquide's operating margin is expected to improve by more than 160 basis points for the period. Its return on capital employed should be more than 10% starting in 2023.
The company also targets a reduction of its carbon-dioxide emissions starting around 2025. Air Liquide aims to reduce its emissions by a third by 2035, reaching carbon neutrality by 2050.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
March 22, 2022 03:36 ET (07:36 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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