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Article: Praxair Fourth-Quarter EPS 98 Cents; Full-Year 2007 EPS $3.62.(Financial report)
- Article from:
- Business Wire
- Article date:
- January 23, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DANBURY, Conn. -- Praxair, Inc. (NYSE: PX) reported record sales and earnings in the fourth quarter and full year of 2007. Fourth-quarter and full-year diluted earnings per share grew 20% and 21% to 98 cents and $3.62, respectively.
Sales in the fourth quarter were $2,523 million, and for the year were $9,402 million, the highest in the company's history. Sales growth was 19% in the fourth quarter and 13% for the full year. Praxair achieved strong sales growth in every geographic region from new business and new plant start-ups.
Operating profit of $484 million grew 23% in the fourth quarter. Full-year operating profit of $1,786 million increased 18% ...