Air Liquide Estimates Currency, Energy Costs Impact on 4Q, FY2021
04 Janvier 2022 - 7:40PM
Dow Jones News
By Giulia Petroni
Air Liquide SA on Tuesday said it expects currency variations
and energy costs passed through to customers to affect revenue in
the fourth quarter and full-year 2021.
The industrial-gases company said the currency impact is
estimated at around 3% in the 4Q and around negative 1.6% in the
full year on both group and gas-and-services revenue.
The effect of increasing energy costs passed through to
customers is expected to have an impact of around 16% in the 4Q and
between 8% and 8.5%, or above 1.6 billion euros ($1.8 billion), in
the full year on group and gas-and-services revenue.
Air Liquide previously guided for a further increase in
operating margin--which it says it excludes the energy passthrough
impact--and recurring net profit growth at constant exchange rates
in 2021.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
January 04, 2022 13:25 ET (18:25 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Air Liquide (EU:AI)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Air Liquide (EU:AI)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024
