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APD News
APD Events
Air Products Reports Q3 Revenue of $3.16B
Reports Q3 revenue $3.16B, consensus $3.2B. CEO Eduardo Menezes said, "Despite macroeconomic volatility, Air Products delivered 12 percent growth in adjusted EPS and high single-digit adjusted operating income improvement this quarter through continued discipline in our underlying business. Having taken additional decisions to further optimize our large project portfolio, we have a clear pathway to reduce capital expenditures and drive continued profitable growth through high-quality, traditional industrial gas projects. We are also pleased to have finalized our marketing and distribution agreement with Yara, creating the first fully integrated value chain for renewable ammonia by enabling product from the world's first large-scale green ammonia plant to be sold and delivered through Yara's existing global supply chain."
Air Products Adjusts Q4 FY2026 EPS Guidance to $3.55-$3.65
The company said, "For the fiscal 2026 fourth quarter, Air Products' adjusted EPS guidance is $3.55 to $3.65. Air Products remains cautious given macroeconomic uncertainty but expects to see benefits from new asset contributions, pricing actions, and progress on productivity initiatives."
Air Products Raises FY2026 Adjusted EPS Guidance to $13.39-$13.49
Consensus $13.22. The company said, "Air Products is raising its full-year fiscal 2026 adjusted EPS guidance to a range of $13.39 to $13.49. Air Products now expects capital expenditures to be approximately $3.5 billion for full-year fiscal 2026."
Air Products Secures Long-Term Agreement with Semiconductor Manufacturer in Taiwan
Air Products announced Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer's expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end packaging facilities. Air Products San Fu will build, own, and operate four large air separation units and bulk gas supply systems with new underground pipeline systems. The company will supply a range of industrial gases, including nitrogen, oxygen, argon, and helium to support the customer's semiconductor operations. The new underground pipeline systems will be connected to Air Products' existing pipeline network in Taiwan.
Air Products Secures Long-Term Agreement with Semiconductor Manufacturer in Taiwan
Air Products' Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer's expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end packaging facilities, supporting growing demand driven by artificial intelligence and high-performance computing. The company will supply a range of industrial gases, including nitrogen, oxygen, argon, and helium to support the customer's semiconductor operations. The new underground pipeline systems will be connected to Air Products' existing pipeline network in Taiwan.
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