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Air Products Reports Fiscal 3Q 2015 Results

Net income of $359 million is up 14%, EPS is up 13%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Air Products reported net income of $359 million, up 14% versus prior year, and diluted earnings per share (EPS) of $1.65, up 13% versus prior year for its fiscal third quarter ended June 30, 2015.   On a GAAP basis, net income and diluted EPS from continuing operations were $319 million and $1.47, respectively, for the quarter.   Third quarter sales of $2,470 million decreased 6% versus prior year, as underlying sales growth of 4% was offset by unfavorable currency and lower energy pass-thr...

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