Air Products to Discontinue Providing Monthly Sales Updates
Posted on: Monday, 2 November 2009, 13:00 CST
LEHIGH VALLEY, Pa., Nov. 2 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD) announced today that it will discontinue its monthly sales updates. The decision to stop voluntarily disclosing these intra-quarter sales updates on the company's Web site was made because the company's stock price has been exhibiting increased volatility around the release dates.
Air Products will issue its fiscal first quarter 2010 earnings release and host an investor teleconference on Friday, January 22, 2010. The company will issue a separate announcement in December with the dial-in details for this teleconference.
Air Products (NYSE: APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.
***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
SOURCE Air Products
Source: PR Newswire
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