L'Air Liquide S.A.

L'Air Liquide is engaged in the market of gases for industry, health and the environment. Oxygen, nitrogen, hydrogen, and rare gases make up Co.'s core activities. Co. structures its activities in three segments: Gas and Services, Engineering and Technology, and Other activities. The Gas and Services segment comprises four business lines: Industrial Merchant, Large Industries, Healthcare and Electronics; Engineering and Technology designs, develops and builds industrial gas production plants for Co. and third parties; and the Other Activities segment develops welding and cutting edge technologies, and markets deep-sea diving and swimming equipment to professionals and privates individuals.
  • TickerAI
  • ISINFR0000120073
  • ExchangeEuronext Paris
  • SectorChemicals
  • CountryFrance

Analysts

Jean-Christophe Dourret

Air Liquide : Air Liquide - 18 Jan 2019

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Jean-Christophe Dourret

Air Liquide : Air Liquide - 18 jan 2019

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Air Liquide : Modification de Capital

PARIS--(BUSINESS WIRE)-- Regulatory News: En vertu des pouvoirs qui lui ont été conférés par décisions du Conseil d’Administration en date du 16 mai 2018 et confirmée le 27 juillet 2018, Benoît Potier, Président-Directeur Général de la société L’AIR LIQUIDE S.A. (Paris:AI), constate : Que suite à la souscription d'actions réservée aux salariés, 1 049 529 actions de la société au nominal de 5,50 euros ont été émises, portant ainsi le capital de la société de 2 355 491 825,50 euros à 2 361 264 235 euros. ...

Air Liquide S.A.: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 19 May 2017 Update RATINGS Air Liquide S.A. Domicile Paris, France Long Term Rating A3 Type LT Issuer Rating - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Stanislas Duquesnoy 49-69-70730-781 VP-Sr Credit Officer stanislas.duques

Jean-Christophe Dourret

Air Liquide : Air Liquide - 18 Jan 2019

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Jean-Christophe Dourret

Air Liquide : Air Liquide - 18 jan 2019

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Krzysztof Smalec

Morningstar | After a Fresh Look at Air Liquide, We Maintain Our EUR 108 FVE and Narrow Moat Rating

After taking a fresh look at Air Liquide, we are maintaining our EUR 108 fair value estimate and narrow moat rating. Air Liquide has consistently earned returns in excess of its cost of capital throughout the last decade, and we think the company’s narrow moat will put it in a position to keep delivering attractive returns on invested capital. Additionally, we expect the company to benefit from strong cost and revenue synergies from its 2016 acquisition of Airgas. We believe Air Liquide is currently fairly valued. Air Liquide is the second-largest industrial gas producer in the world and bene...

Krzysztof Smalec

Morningstar | After a Fresh Look at Air Liquide, We Maintain Our EUR 108 FVE and Narrow Moat Rating

Air Liquide benefits from operating in an industry with a very favorable structure. Despite selling industrial gases, which are essentially commodities, public industrial gas companies have consistently delivered lucrative returns because of their economic moats. Industrial gases typically account for a relatively small fraction of customers’ costs but are a vital input to ensure uninterrupted production. As such, customers are often willing to pay a premium and sign long-term contracts to ensure their businesses are running smoothly. Long-term contracts and high switching costs contribute to ...

Krzysztof Smalec

After a Fresh Look at Air Liquide, We Maintain Our EUR 108 FVE and Narrow Moat Rating

We are maintaining our EUR 108 fair value estimate for narrow-moat Air Liquide after the company announced third-quarter sales that were roughly in line with our expectations. Air Liquide increased revenue across all segments and geographic zones. Third-quarter group revenue increased 6% on a comparable basis to EUR 5.3 billion, driven by 5.2% revenue growth in gas and services, which constitutes over 95% of the company’s total revenue. Electronics revenue grew 8.5%, benefiting from three new i...

1 director sold

A director at Air Liquide sold 20,000 shares at 110.272EUR and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Air Liquide : Modification de Capital

PARIS--(BUSINESS WIRE)-- Regulatory News: En vertu des pouvoirs qui lui ont été conférés par décisions du Conseil d’Administration en date du 16 mai 2018 et confirmée le 27 juillet 2018, Benoît Potier, Président-Directeur Général de la société L’AIR LIQUIDE S.A. (Paris:AI), constate : Que suite à la souscription d'actions réservée aux salariés, 1 049 529 actions de la société au nominal de 5,50 euros ont été émises, portant ainsi le capital de la société de 2 355 491 825,50 euros à 2 361 264 235 euros. ...

Nurhayati Wan

Air Liquide

Nurhayati Wan

Air Liquide

Nurhayati Wan

Air Liquide

Nurhayati Wan

Air Liquide

Nurhayati Wan

Air Liquide

Jehanne Leroy

Proxy Report - 16/05/2018

As last year, the company proposes to increase the fixed remuneration without any counterpart. This has an inflationary impact we cannot support. The 2018 maximal remuneration of the Chairman and CEO will reach €5.8 M, which is 40% higher than the CAC 40 median.Moreover, the Chairman and CEO has the benefit of excessive post-employment benefits. Considering that he is already excessively paid, such post-employment payments are not acceptable.

Jehanne Leroy

Proxy Report - 16/05/2018

Tout comme l’an dernier dans le cadre de la politique de rémunérations 2017, la société proposé cette année une augmentation du fixe pour 2018. Si cette hausse est certes peu significative (+3,9%), afin d’éviter tout effet inflationniste malvenu au regard des rémunérations déjà très généreuses du Président Directeur général, il aurait fallu qu’elle soit compensée par l’abaissement des bonus cible et maximum. Or, la société n’a pas compensée cette hausse. Ainsi, la rémunération maximum du Président Directeur général est désormais de 5,8 M€ €, ce qui est, bien évidemment, excessif.La société pro...

Valérie GASTALDY

Short term view - AIR LIQUIDE : The trend is uncertain.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at €104.55.

Valérie GASTALDY

Analyse court terme - AIR LIQUIDE : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 104,55 €.

Valérie GASTALDY

Short term view - AIR LIQUIDE : The trend is bearish.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €104.55. The bearish trend would be challenged above €115.25.

Valérie GASTALDY

Analyse court terme - AIR LIQUIDE : La tendance est baissière.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 104,55 €. La tendance baissière serait remise en cause au-dessus de 115,25 €.

Valérie GASTALDY

Medium term view - AIR LIQUIDE : The background trend is clearly bullish.

The background trend is clearly bullish. The correction is gaining traction. It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at €97.12.

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