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Air Liquide SA — Q1 2002 Earnings Presentation

8 slides from Air Liquide SA's earnings presentation, Apr 25, 2002

  1. Slide 1: Consolidated Sales 1st Quarter 2002

    Consolidated Sales 1st Quarter 2002 25 April 2002

  2. Slide 2: 1st Quarter 2002 consolidated sales

    1st Quarter 2002 consolidated sales ƒ Benoît Potier: Chairman of the Management Board ƒ Jean-Claude Buono: Executive Vice-President Member of the Management Board Agenda: 9 Consolidated sales as of March 31, 2002 9 Gas and Services by business lines 9 Conclusion 2

  3. Slide 3: 1st Quarter 2002 (key figures)

    1st Quarter 2002 (key figures) ¾ YEAR ON YEAR ANALYSIS „ Total sales (m€): 1,939 D Comparable basis: -3.8% D Natural gas: -5.9% D Perimeter: 0% D Currency: +0.1% „ Gas and Services sales* (m€): 1,704 D Comparable basis: -3.7% D Natural gas: -6.6% D Perimeter: -0.1% D Currency: 0% * Services: 21.6% o

  4. Slide 4: 1st Quarter 2002: Large Industries

    1st Quarter 2002: Large Industries „ Large Industries: -3,8% y/y (comparable basis) DVolumes up from M€ Q4 in air gases 600 DPositive signs in 500 chemicals 400 300 DGrowth in H2 200 DCogen: arbitrage 100 opportunities in 0 the US Q1 01 Q2 01 Q3 01 Q4 01 Q1 02 DAll projects Natural gas impact @ 1999

  5. Slide 5: 1st Quarter 2002: Electronics

    1st Quarter 2002: Electronics „ Electronics: -25% y/y (comparable basis) -10% excl. equipment M€ DStabilization vs 300 Q3 and Q4 2001 250 excl. equipment 200 150 DPositive market 100 indicators 50 DBook to bill 0 Q1 01 Q2 01 Q3 01 Q4 01 Q1 02 firming-up Equipment sales 5

  6. Slide 6: 1st Quarter 2002: Industrial Customers

    1st Quarter 2002: Industrial Customers „ Industrial Customers: -0,3% y/y (comparable basis) M€ DPositive volumes in liquids 900 750 DSolid growth in on- 600 site and services 450 DPricing remains 300 favorable 150 DIntegration of 0 Messer assets in Q1 01 Q2 01 Q3 01 Q4 01 Q1 02 Brazil, Argentina, Su

  7. Slide 7: 1st Quarter 2002: Healthcare

    1st Quarter 2002: Healthcare „ Healthcare: +5,2% y/y (comparable basis) DGood performance M€ of hospital gases 300 and services 200 DHomecare and hygiene close to 100 double digit DLow equipment 0 sales Q1 01 Q2 01 Q3 01 Q4 01 Q1 02 7

  8. Slide 8: Conclusion

    Conclusion ƒ 1st Quarter 2002 performance in line with expectations ƒ Sales excluding equipment remain stable versus Q4 2001 ƒ No confirmation yet of a sustained economic recovery ƒ But positive and encouraging signs in each of the business lines ƒ Air Liquide will capitalize on the recovery when it

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