2024 Shareholder’s Practical Guide

Our performance

Our performance

Choosing long-term performance

We have close to 800,000 individual Shareholders in 2023, up from close to 750,000 in 2022. This growth is also the fruit of the unique relationship the Group has maintained with its individual Shareholders since its creation. A relationship built on trust, proximity, and dialog.

Jérôme Pelletan, Chief Financial Officer of Air Liquide

Solid performance

In 2023, in a complex economic and geopolitical environment, Air Liquide once again demonstrated the resilience of its business model, based on its diverse geographies and business lines. Present in 72 countries, the Group supports customers in nearly every sector of the economy, from industry, space, and electronics to future markets such as the energy transition and healthcare. The opportunities in these promising sectors are only multiplying, and Air Liquide can rely on the skills and mobilization of its teams to offer customers and patients ever more innovative and effective solutions.

By placing sustainable development at the heart of the Group’s strategy, the ADVANCE strategic plan puts Air Liquide on the path towards global performance, that is, combining financial and extra-financial performance. ADVANCE allows the company to maintain a clear course and continue its growth trajectory, all while building a sustainable future.

Long-term value creation

Air Liquide’s share price is growing steadily, accompanied by an increase in the dividends paid to its Shareholders. In addition, the Group regularly distributes free shares, enabling Shareholders to build their share portfolios over time.

Registered Shareholders’ loyalty rewarded after two full calendar years of holding shares

+10% on the amount of dividends received and +10% on the number of free shares distributed at the time of attribution.

€3.20 
dividend per share to be submitted to the vote of Shareholders at the Annual General Meeting on April 30, 2024

+2x higher
return on Air Liquide shares (+33%) compared with the CAC 40 index (+16.5%) in 2023

+12.6%/year
Total Shareholder Return (TSR) on Air Liquide registered shares over the last 20 years i.e. a more than 10-fold increase in the portfolio in 20 years

>2x higher
growth after five years in the value of the Air Liquide share portfolio of a registered Shareholder who has reinvested his/her dividends each year (TSR 2018-2023)