Air Liquide Reports Strong Performance in 2024 with Record Margins and Sales Growth
Key Ideas
- Air Liquide achieved a record improvement in operating margin and sales growth in 2024, demonstrating strong performance across its Gas & Services businesses.
- The company's extra-financial indicators under the ADVANCE plan showed significant improvements, including an increase in recurring net profit and ROCE.
- Air Liquide is raising and extending its margin ambition, targeting a +200 basis points increase for 2025-2026, reflecting confidence in future prospects and innovative solutions.
- Significant investments were made in 2024 to support sustainable initiatives, such as supplying renewable hydrogen for the Paris 2024 Olympic Games and low-carbon oxygen and hydrogen projects in the Americas and Asia.
In 2024, Air Liquide Group reported a very solid performance with record improvements in operating margin and sales growth. The company's diversified model and agile teams were highlighted as key assets enabling strong performance even in challenging macroeconomic conditions. Air Liquide also signed major projects in 2024, reflecting its ability to offer innovative technological solutions to customers in various sectors, including the energy transition and semiconductor industry. The company announced a raise in its margin ambition for 2025-2026, targeting a significant increase of +200 basis points. Sales in 2024 reached 27.06 billion euros, with all Gas & Services businesses recording growth. Air Liquide emphasized its focus on extra-financial indicators, showcasing advancements in safety, environmental impact, and diversity within the organization. Notably, the company reduced CO2 emissions by 11% compared to 2020 and exceeded its carbon intensity reduction target set for 2025. Investments in innovative offers and technological solutions positioned Air Liquide for future growth, with a record investment of 4.4 billion euros in 2024. The company's commitment to sustainability was evident through partnerships for low-carbon hydrogen projects in the Americas, expansion of production capacities in the United States, and investments in Japan, Europe, and China to support the energy transition and semiconductors. Air Liquide's confidence in future growth and performance was underlined by its plans to further increase its operating margin and deliver recurring net profit growth in 2025.
Topics
Projects
Renewable Energy
Investment Projects
Financial Performance
Sustainable Mobility
Industry Partnerships
Corporate Governance
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