Air Liquide Sets Out Targets Through 2025
March 22 2022 - 3:51AM
Dow Jones News
By Mauro Orru
Air Liquide SA has outlined plans to bolster sales growth and
investments through 2025, while balancing the need to reduce carbon
emissions.
The industrial-gases company said Tuesday that it expects an
acceleration in sales growth between 5% to 6% on average a year,
with investments reaching about 16 billion euros ($17.63 billion)
through 2025.
Air Liquide's operating margin is expected to improve by more
than 160 basis points for the period. Its return on capital
employed should be more than 10% starting in 2023.
The company also targets a reduction of its carbon-dioxide
emissions starting around 2025. Air Liquide aims to reduce its
emissions by a third by 2035, reaching carbon neutrality by
2050.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
March 22, 2022 03:36 ET (07:36 GMT)
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