Air Products (APD) Tops Q4 EPS by 1c, Revenue Miss; Provides FY19 EPS Outlook

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Air Products Reports Fiscal 2018 Full-Year GAAP EPS of $6.59, Up 28 Percent, and Record Adjusted Full-Year EPS of $7.45*, Up 18 Percent

November 6, 2018 6:00 AM EST

LEHIGH VALLEY, Pa., Nov. 6, 2018 /PRNewswire/ --

Fiscal 2018 (all from continuing operations; comparisons versus prior year):

GAAP EPS of $6.59, up 28 percent Record adjusted EPS of $7.45*, up 18 percent Record adjusted EBITDA margin of 34.9 percent*, up 70 basis points

Q4 FY18 (all from continuing operations; comparisons versus prior year):

GAAP EPS of $2.05, down five percent Record adjusted EPS of $2.00*, up 14 percent Adjusted EBITDA margin of 35.8 percent*, up 90 basis points

Fiscal 2018 Highlights

Executed on gasification strategy: acquired gasification technologies; brought... More