Air Liquide: FX factors will weigh less in Q3
(CercleFinance.com) - Ahead of its Q3 sales figures, to be released on 24 October, last night, Air Liquide provided an outlook on FX factors.
In Q2, the French industrial and medical gas giant, said that FX factors reduced its sales by 5.2%, after -3.2% in Q1.
Air Liquide estimates that in Q3, this impact will be limited to around -1%, i.e. over FY 2018, an impact of around -4%, considering an average full-year euro-dollar parity of 1.19 dollar.
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In Q2, the French industrial and medical gas giant, said that FX factors reduced its sales by 5.2%, after -3.2% in Q1.
Air Liquide estimates that in Q3, this impact will be limited to around -1%, i.e. over FY 2018, an impact of around -4%, considering an average full-year euro-dollar parity of 1.19 dollar.
Copyright (c) 2018 CercleFinance.com. All rights reserved.