Air Products released their third quarter fiscal 2024 results, showing a 17% increase in GAAP EPS and a 16% increase in GAAP net income compared to the prior year. The company attributed these improvements to favorable pricing, business mix, and productivity actions. Adjusted EBITDA increased by 5% due to positive pricing and productivity, despite higher costs from planned maintenance and inflation. Sales slightly decreased, but the adjusted EBITDA margin saw a significant increase. CEO Seifi Ghasemi expressed satisfaction with the results, highlighting the company's focus on industrial gas business and its leading EBITDA margin in the industry. Air Products also confirmed its full-year adjusted EPS guidance and provided outlook for the fourth quarter of fiscal 2024. The company announced key milestones in the clean hydrogen market, including a long-term supply agreement with TotalEnergies. Additionally, recent highlights involved agreements for green hydrogen supply, plans to build commercial-scale hydrogen refueling stations, and investments in new air separation units and sustainability initiatives. The company was awarded an 'A' rating on MSCI's environmental, social, and governance ratings, reinforcing its commitment to sustainability and industry leadership.