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Added to YB: 2026-09-16

Pitch date: 2026-09-10

AI.PA [neutral]

L'Air Liquide S.A.

-0.25%

current return

Author Info

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Company Info

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Market Cap

EUR 106.0B

Pitch Price

EUR 167.30

Price Target

N/A

Dividend

2.02%

EV/EBITDA

15.51

P/E

29.96

EV/Sales

4.51

Sector

Chemicals

Category

growth

Show full summary:
Air Liquide (AI France): Accelerating growth

AI.PA (update): Air Liquide’s acquisition of DIG Airgas adds approximately €510 million of revenue at an EBITDA margin above 30%, increasing exposure to South Korea’s semiconductor industry as AI, data-centre and computing investment drives capacity additions. The higher-margin electronics mix can complement the Advance programme’s targeted 200bp operating-margin improvement in 2026-27, though the payoff depends on successful integration and continued semiconductor investment.

Read full article (2 min)