Air Liquide Q3 Sales Beat Expectations
French industrial gases supplier Air Liquide posted third-quarter revenue of 7.26 billion euros, beating market expectations as surging artificial intelligence demand drove strong growth in its electronics unit. The company also announced a share buyback program and reiterated its upcoming margin and profit targets.
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Air Liquide SA posted third-quarter revenue of €7.26 billion on Thursday, beating analyst estimates as artificial intelligence-driven demand boosted its electronics division. The France-based industrial gases supplier outperformed a Vara consensus forecast of €7.16 billion. The sales acceleration highlights how semiconductor manufacturing requirements are reshaping industrial gas demand across global markets.
