Stock Market - Air Liquide in Great Shape and Surges by +8%!

As French growth decelerates in 2024, one industrial behemoth stands out: Air Liquide. The industrial gas giant has just doubled its profitability targets, fueled by a thriving business. Its stock price soars by more than 8%. A sign that some groups still manage to dodge the prevailing gloom.

Air Liquide: A Record-Breaking 2023, Targets Raised

The results presented by Air Liquide for 2023 are dizzying. Net profit jumps by 6.8%, reaching 2.57 billion euros, with revenue also up by 8% to 29 billion. The icing on the cake is that the operating margin has improved at twice the expected rate.

Empowered by these performances, Air Liquide did not hesitate to double its profitability growth target by 2025. An impressive show of strength when many manufacturers are cautious. Air Liquide’s share price in the stock market surges by +8%, crossing the 180-euro mark.

Growth Driven by Electronics and Decarbonization   

How to explain such robust health? Air Liquide greatly benefits from two major trends: decarbonization and the rise of electronics. Its expertise in the production of low-carbon hydrogen and ultra-pure gases for semiconductors drives its sales.

The company also supplies solutions for capturing CO2 or producing biogas. Such assets are at the heart of current challenges, ensuring Air Liquide sustainable growth. The air giant seems immune to cyclical fluctuations.

A Stock Market Success Story Amid Economic Clouds

Thus, thanks to this advantageous positioning, Air Liquide manages to excel even as the economic climate worsens. The group’s activity does not seem to suffer from the increasing concerns about global growth.

Its range of solutions for producing green hydrogen and capturing CO2 ensures lasting outlets, at the core of ecological transition challenges. As for electronics, its growth seems unstoppable with the digitization of society.

This explains Air Liquide’s immunity to cyclical fluctuations. The French titan seems sheltered from the gathering economic and stock market clouds.

With these sensational results, Air Liquide proves the resilience of its industrial model and the relevance of its strategic choices. Where most groups are gasping for air, the gas specialist is in excellent health. Driven by major trends, the French giant still has bright days ahead. A stock market performance that stands out amid the general gloom.