L'Air Liquide First Half 2024 Earnings: EPS Beats Expectations

L'Air Liquide (EPA:AI) First Half 2024 Results

Key Financial Results

• Revenue: €13.4b (down 4.3% from 1H 2023).
• Net income: €1.68b (down 2.4% from 1H 2023).
• Profit margin: 13% (in line with 1H 2023).
• EPS: €2.92 (down from €3.00 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

L'Air Liquide EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Chemicals industry in France.

Performance of the French Chemicals industry.

The company's shares are up 2.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on L'Air Liquide's balance sheet health.

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