Air Products: Q4 just above consensus
(CercleFinance.com) - Air Products has reported adjusted Q4 net earnings that are up 14% at 442 million dollars, or 2 dollars per share, meaning that EPS has beaten the consensus by one cent.
Again in adjusted (non-GAAP) terms, the Pennsylvania based group improved its EBITDA margin by 90 basis points to 35.8%, for sales that are up 4% to 2.3 billion dollars, mainly thanks to volumes.
With adjusted full-year EPS that is up 18% at 7.45 dollars, the industrial gas supplier says it expects 2018-19 EPS of between 8.05 dollars and 8.30 dollars, with the middle of this target range representing growth of 10%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Again in adjusted (non-GAAP) terms, the Pennsylvania based group improved its EBITDA margin by 90 basis points to 35.8%, for sales that are up 4% to 2.3 billion dollars, mainly thanks to volumes.
With adjusted full-year EPS that is up 18% at 7.45 dollars, the industrial gas supplier says it expects 2018-19 EPS of between 8.05 dollars and 8.30 dollars, with the middle of this target range representing growth of 10%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.