Air Liquide's Recent Performance in Asia Impacted by Helium
Oct 1, 2024
1 min read
Air Liquide's latest commentary reveals a -1.9% revenue decline in its Industrial Merchant Asia business, with pricing down by -1.1%, driven primarily by a “marked decline in helium sales”.
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During H1'24, Air Liquide's saw a marked decline in Asia Pacific helium sales driven by China, impacting overall Industrial Merchant revenue, which saw a slight decrease of 0.6%. Helium pricing in Chi
During the recent Air Liquide analyst call, it was reported that helium accounted for ~3% of group sales last year, with a slight positive trend observed in Q1'24 despite varying regional performances
In its latest earnings call, Air Liquide highlighted helium's significance in strategic sectors like medicine, electronics, space, and defence, despite its relatively small contribution of 3% to 4% to