Integrated Annual Report 2025

2022-2025 ADVANCE strategic plan

2022-2025ADVANCE STRATEGIC PLANA CHAPTER CLOSED, A FOUNDATION BUILT

Launched in 2022, the ADVANCE strategic plan was successfully completed by the end of the 2025 fiscal year. By placing sustainable development at the heart of its strategy, Air Liquide demonstrated its ability to combine profitable growth with an ambitious decarbonization trajectory. The three objectives set by the plan were achieved, demonstrating the Group's resilience and the relevance of its positioning in the markets of the future.

This diagram presents the key indicators of the ADVANCE strategic plan, organized around three pillars.

Sales growth:

  • Target: +5-6% CAGR(2)
  • Achieved: +6.1%(2)(3)

ROCE(1):

  • Target: >10% by 2023 and forward
  • Achieved end 2022: 11.2% end of 2025

Carbon trajectory:

  • Target: CO₂ emissions inflection around 2025
  • Achieved: -13%(4) in 2025 vs. 2020

The total investment decisions from 2022 to 2025 amounted to 16.9 billion euros, exceeding the ADVANCE plan's projection of 16 billion euros over 4 years.