Air Products earnings lower on COVID impacts

Air Products earnings lower on COVID impacts
WESPECH PTE LTD
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12.11.2020

MOSCOW (MRC) -- Air Products reported net income of USD495 million for its fiscal fourth quarter ended 30 September, down 5% year-on-year (YOY) on lower merchant volumes due to COVID-19 impacts, said Chemweek. Sales were USD2.32 billion, up 2% YOY as 2% higher pricing and 1% favorable currency more than offset 1% lower energy pass-through. Reported adjusted earnings were USD2.19, down 4%

Full article at mrcplast.com

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