Air Products & Chemicals has entered the renewable energy sector through a joint development agreement with Gunvor to construct a green hydrogen import terminal in Rotterdam by 2026. This initiative complements the company’s strong financial trajectory, with an 11% annual growth in adjusted earnings per share since 2014 and a projected EPS of $10.20-$10.40 for fiscal 2022, signifying a 13-15% increase year-over-year. Despite minor losses in broader market indexes, Air Products' stock has risen 6.8% recently, reflecting investor confidence as the company commits $4.5-$5 billion in capital expenditures towards innovation and growth.
“Air Products & Chemicals · has grown its adjusted earnings per share · by 11% compounded annually since 2014 · true”
“Air Products and Gunvor · signed · a joint development agreement · to build a green hydrogen import terminal in Rotterdam port by 2026”
“Air Products · signed · joint development agreement · import terminal in Rotterdam”
“Air Products and Gunvor · have a track record for · reliability and safety · true”
“Air Products · is the global leader in the supply of · liquefied natural gas process technology and equipment · true”
“Air Products · had sales of · $10.3 billion · in fiscal 2021”
“Air Products and Chemicals, Inc. · announced that it would display · industrial gas solutions and technologies for the agrochemical and specialty chemical markets · Specialty & Agro Chemicals America from Jun 28-30 in Charleston, SC”
“Air Products · operates · several state-of-the-art testing labs · its global headquarters in Allentown, PA”
“Air Products · expects full-year fiscal 2022 adjusted earnings per share (EPS) · of $10.20-$10.40 · indicating 13-15% growth from the prior year’s adjusted EPS”
“Air Products · expects capital expenditures · of $4.5-$5 billion · for full-year fiscal 2022”
“Air Products and Chemicals (APD) · closed · trading day · $240.48”
“Air Products and Chemicals (APD) · moved · previous trading session · -1.09%”