Air Products: misses consensus in Q1
(CercleFinance.com) - Air Products has reported Q1 EPS of 1.
86 dollar, up 9% excluding a site sold a year ago, EPS that fell one cent short of the consensus.
Again in adjusted terms, the Pennsylvanian group's EBITDA margin rose by 250 basis points to 35.7%, on sales that are flat at 2.2 billion dollars, penalised by a 3% decline in volumes.
Regarding its outlook, the industrial gas supplier has confirmed that it expects adjusted FY 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) 2019 CercleFinance.com. All rights reserved.
86 dollar, up 9% excluding a site sold a year ago, EPS that fell one cent short of the consensus.
Again in adjusted terms, the Pennsylvanian group's EBITDA margin rose by 250 basis points to 35.7%, on sales that are flat at 2.2 billion dollars, penalised by a 3% decline in volumes.
Regarding its outlook, the industrial gas supplier has confirmed that it expects adjusted FY 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) 2019 CercleFinance.com. All rights reserved.