Air Products: Q4 EPS up 13%
(CercleFinance.com) - Air Products reported a 13% increase in Q4 adjusted EPS to $3.
56, and a 12% increase in adjusted EBITDA to $1.4bn, representing a 4.6-point improvement in its corresponding margin to 44.1%.
Revenues for the industrial gas supplier were flat at $3.2bn, as positive volume and price effects of one point each were offset by a negative impact of two points due to lower energy prices.
With adjusted EPS for the past year up 8% at $12.43, in line with its target range of $12.20 to $12.50, Air Products expects this between $12.70 and $13 for FY 2024-25.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
56, and a 12% increase in adjusted EBITDA to $1.4bn, representing a 4.6-point improvement in its corresponding margin to 44.1%.
Revenues for the industrial gas supplier were flat at $3.2bn, as positive volume and price effects of one point each were offset by a negative impact of two points due to lower energy prices.
With adjusted EPS for the past year up 8% at $12.43, in line with its target range of $12.20 to $12.50, Air Products expects this between $12.70 and $13 for FY 2024-25.
Copyright (c) 2024 CercleFinance.com. All rights reserved.