Welcome to our dedicated page for Air Prods & Chems news (Ticker: APD), a resource for investors and traders seeking the latest updates and insights on Air Prods & Chems stock.
Air Products & Chemicals Inc (APD) is a global leader in industrial gases and specialty chemicals serving energy, healthcare, and manufacturing sectors. This page provides investors and industry professionals with timely access to official press releases, financial updates, and strategic developments from the company.
Key resources include: Quarterly earnings announcements, partnership agreements, sustainability initiatives, and operational updates. All content is sourced directly from APD’s corporate communications to ensure accuracy and compliance with financial disclosure standards.
Why monitor APD news: Track the company’s progress in hydrogen energy projects, international expansion efforts, and technological innovations in gas production. Our centralized repository eliminates the need to search multiple sources for verified information.
Bookmark this page for immediate access to APD’s latest developments. For comprehensive analysis of how these updates may impact market performance, consult your financial advisor.
Air Products (NYSE:APD) has appointed Brian Galovich as the new senior vice president and chief information officer (CIO). Reporting to Seifi Ghasemi, CEO, Galovich will oversee technology-driven solutions for operational efficiency, serving over 19,000 employees globally. With 24 years of experience in digital technology, he previously held CIO roles at Collins Aerospace, Pratt & Whitney, and United Technologies. Galovich's educational background includes degrees from the University of Connecticut, Rensselaer Polytechnic Institute, and Carnegie Mellon University.
Air Products (NYSE:APD) announced that Chairman, President, and CEO Seifi Ghasemi will speak at the Citi 2020 Basic Materials Virtual Conference on December 1, 2020, at 9:00 a.m. USET. A webcast of the event will be accessible on Air Products' Investor Relations website. The company, a leader in industrial gases, reported fiscal 2020 sales of $8.9 billion and has a market capitalization of approximately $60 billion. Air Products operates globally, focusing on energy, environment, and developing innovative gas solutions.
Air Products (NYSE:APD) announced the retirement of Margaret G. McGlynn from its Board of Directors, effective November 23, 2020, after 15 years of service due to the company's term limit policy. McGlynn has significant experience in global marketing, government relations, and public policy. Air Products' CEO, Seifi Ghasemi, expressed gratitude for her contributions, stating she played a key role in the company's strategic Five-Point Plan. The company reported fiscal 2020 sales of $8.9 billion and maintains a market capitalization of approximately $60 billion.
The Board of Directors of Air Products (NYSE:APD) declared a quarterly dividend of $1.34 per share, payable on February 8, 2021. Shareholders must be on record by January 4, 2021. In fiscal 2020, the company reported sales of $8.9 billion with a market cap of approximately $60 billion. Air Products has over 19,000 employees and focuses on providing essential industrial gases and technology for various industries, including energy and environmental solutions.
Air Products reported strong fiscal 2020 results with GAAP EPS of $8.55, up 8% despite an estimated $0.60-$0.65 negative impact from COVID-19. GAAP net income rose 7% to $1,931 million, with a net income margin of 21.8%. For Q4 FY20, GAAP EPS decreased 4% to $2.19 due to lower volumes, resulting in a net income of $495 million. The company announced a $7 billion NEOM project to supply carbon-free hydrogen, and also raised its dividend by 15%, marking the largest increase in its history.
Air Products (NYSE: APD) will announce its fiscal 2020 fourth quarter financial results on November 11, 2020, prior to market open. A teleconference to discuss these results will occur at 10:00 a.m. ET the same day, accessible to the public via telephone and Internet. Interested parties can listen to the conference call by dialing 323-794-2093 with passcode 5106187. The replay will be available until November 18, 2020. The company, a leader in industrial gases, reported fiscal 2019 sales of $8.9 billion and has a market capitalization of approximately $65 billion.
Air Products (NYSE: APD) has launched a community initiative in Xiangyuan County, China, to ensure safe drinking water for schools, benefiting over 12,000 students. The program includes a donation of 22 water purification devices and reusable containers in partnership with Shenzhen One Foundation. This program is the first supported by the Air Products Foundation in China, aimed at fostering science education through employee-led courses. The company also announced a sustainability goal to reduce CO2 emissions by one-third by 2030, showcasing its commitment to environmental responsibility.
Air Products (NYSE: APD) has set new diversity goals, aiming for at least 28% female representation and 20% U.S. minority representation in professional and managerial roles by 2025. This marks an increase from 25% and 17% respectively, based on a 2020 baseline. The firm emphasizes its commitment to diversity and inclusion through transparency, accountability, and various initiatives, including enhanced policies and leadership programs. These measures come amid broader sustainability commitments, reinforcing Air Products' position as a leader in the industrial gas sector.
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