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Air Products profit up 23 percent on sales to energy customers
January 23, 2013 / 11:16 AM / in 5 years

Air Products profit up 23 percent on sales to energy customers

(Reuters) - Industrial gas supplier Air Products and Chemicals Inc (APD.N) reported a 23 percent rise in quarterly profit as it sold more to customers in energy, refining, chemical and metallurgical industries worldwide.

Net income from continuing operations rose to $276.9 million, or $1.30 per share, for the first quarter ended December 31, from $225.9 million, or $1.06 per share, a year earlier.

Revenue increased 10 percent to $2.56 billion.

Reporting by Garima Goel; Editing by Maju Samuel

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