Praxair Sales Buoyed by Growth in Asia, S. America - Modern Distribution Management

Praxair Sales Buoyed by Growth in Asia, S. America

Praxair, Inc., Danbury, CT, reported third-quarter 2007 sales of $2.37 billion, 13% above the prior-year period. Profit grew 23% to $305 million.
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Sales were led by strong growth in Asia and South America from new business and project start-ups, and continued stable growth in North America.
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In North America, third-quarter sales reached $1.3 billion, 10% above the prior year. Growth came primarily from higher sales to energy and general manufacturing markets.
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In Europe, third-quarter sales of $325 million increased 11%, and 4% excluding currency effects, versus the prior year. Underlying sales growth came from all major regions and end-markets.
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In South America, third-quarter sales of $419 million grew 23% from the prior-year …

Praxair, Inc., Danbury, CT, reported third-quarter 2007 sales of $2.37 billion, 13% above the prior-year period. Profit grew 23% to $305 million.
&nbsp ;
Sales were led by strong growth in Asia and South America from new business and project start-ups, and continued stable growth in North America.
&nbsp ;
In North America, third-quarter sales reached $1.3 billion, 10% above the prior year. Growth came primarily from higher sales to energy and general manufacturing markets.
&nbsp ;
In Europe, third-quarter sales of $325 million increased 11%, and 4% excluding currency effects, versus the prior year. Underlying sales growth came from all major regions and end-markets.
&nbsp ;
In South America, third-quarter sales of $419 million grew 23% from the prior-year …

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