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Air Products Reports Q1 EPS Up 16% on Volume Growth and Improved Margins; Raises 2008 Full Year EPS Guidance


2008 Forecast GAAP $1.09-$1.13 $4.76-$4.91

Pension settlement .08 .09

2008 Forecast Non-GAAP $1.17-$1.21 $4.85-$5.00

2008 Forecast GAAP $4.76-$4.91

2007 GAAP $4.50

% Change GAAP 6%-9%

2008 Forecast Non-GAAP $4.85-$5.00

2007 Non-GAAP $4.20

% Change Non-GAAP 15%-19%




(Millions of dollars, except for share data)

Three Months Ended

31 December

2007 2006

SALES $2,473.6 $2,267.8


Cost of sales 1,788.5 1,649.7

Selling and administrative 296.8 275.4

Research and development 30.3 32.1

Pension settlement 1.4 --

Other (income) expense, net (15.4) (6.8)


Equity affiliates' income 25.3 27.3

Interest expense 41.0 39.1



SOURCE Air Products
Copyright©2008 PR Newswire.
All rights reserved

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