A WIDE RANGE OF MARKETS AND A STRONG BUSINESS MODEL
KEY ELEMENTS BY BUSINESS LINE (a)
LARGE INDUSTRIES
26% of Group revenues
7,120 million euros
- High capital intensity
- Customers in metals, chemicals, refining and energy
- Industrial basin and pipeline network strategy
- Long-term contracts (15 years) with minimum volumes covered by take-or-pay clauses, and prices indexed on costs, including on energy cost
- Synergies with other business lines
INDUSTRIAL MERCHANT
44% of Group revenues
11,906 millions euros
- Technological solutions adapted to customers’ businesses
- More than 2 million customers
- Importance of logistics
- High number of applications and end-markets
HEALTHCARE
16% of Group revenues
4,274 millions euros
- Gases, equipment, and services at home, in hospitals, and medical practices
- More than 2 million patients
- Geographical density
- Operations relying on remote patient monitoring and sophisticated IT systems
ÉLECTRONICS
9% of Group revenues
2,510 millions euros
- Technological solutions with ultra high purity gases and advanced materials
- Long-term contracts for carrier gases, with clauses regarding minimum volumes (“take-or-pay”) and indexation on energy costs (and other costs)
- Concentration of the activity in Asia
ENGINEERING & CONSTRUCTION
2% of Group revenues
412 euros in third-party sales
- Design and construction of plants and equipment, for the Group and third-party customers
GLOBAL MARKETS & TECHNOLOGIES
3% of Group revenues
836 millions euros
- Development and supply of technological solutions for the energy transition and deep tech markets
(a) Published data.