Air Liquide is taking action today and preparing the future to rise up to an ambitious challenge: delivering strong financial performance, by maintaining its growth dynamic and improving its profitability while promoting a greener industry, by meeting its commitments to reduce CO2 emissions and investing in the markets of the future.
To achieve these goals, the Group is acting on several levers: a dynamic pricing policy, regular efficiency gains and active management of its business portfolio.
In order to continue inventing the future, Air Liquide is raising its investments to a record level. This momentum is strong in the fields of energy transition, particularly in the carbon capture and hydrogen technologies, and electronics. Furthermore, these promising markets require a high degree of investment selectivity. The need to reduce CO2 emissions is now an integral part of any investment decision.
Our 2025 objectives and ambitions |
Our results |
|---|---|
Our 2025 objectives and ambitionsOur 2025 objectives and ambitions +5% to +6%Average annual sales growth(1) |
Our results
Our resultsAnnual sales growth (2)in 2023 + 7 %Annual sales growth (2)in 2022 |
Our 2025 objectives and ambitionsOur 2025 objectives and ambitions > 10%Return on capital employed(ROCE) from 20233 |
Our results
Our resultsRecurring ROCE (3) |
Our 2025 objectives and ambitionsOur 2025 objectives and ambitions Reduction of CO2 emissions(4) in absolute value from 2025 |
Our results
Our resultsOn track
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Our 2025 objectives and ambitionsOur 2025 objectives and ambitions €16bnInvestment decisions overthe 2022-2025 period(5) |
Our results
Our resultsIndustrial investment decisions over 2022-2023 |
Our 2025 objectives and ambitionsOur 2025 objectives and ambitions >+160bpsIncrease of operating marginbetween 2022 and 2025(6) |
Our results
Our resultsover the 2022-2023 period(6) |
New:
Having practically reached our margin target halfway through ADVANCE we now aim for a +320 bps increase, over the duration of the plan.
(1) Compound Annual Growth Rate (CAGR) of sales on a comparable basis over the 2021-2025 period.
(2) Comparable growth vs previous year. Change excluding the currency, energy (natural gas and electricity) and significant scope impacts.
(3) Based on the recurring net profit.
(4) Scopes 1 and 2.
(5) Cumulated industrial and financial investments decisions over 4 years 2022-2025.
(6) Sum of annual operating margin improvements in basis points, excluding energy passthrough impact.