Airgas Fiscal 2008 Sales Grow 25% to $4B - Modern Distribution Management

Airgas Fiscal 2008 Sales Grow 25% to $4B

Airgas, Inc., distributor of industrial, medical, and specialty gases, welding, safety, and related products, reported sales in its fiscal 2008 were up 25% to $4 billion, with same-store sales growth of 7%.
 
Airgas made 18 acquisitions in fiscal 2008, adding more than $500 million in annualized revenue, including Linde’s U.S. packaged gas business, which added $346 million.
 
These transactions helped us enhance our core business and extend our product lines, with acquisitions in packaged gases and welding products, safety products, ammonia, and refrigerants,”said CEO Peter McCausland.
 
Fourth quarter sales grew 27% from the prior year to $1.1 billion, with acquisitions contributing 17% of the growth. Total same-store sales increased 8% in the quarter, …

Airgas, Inc., distributor of industrial, medical, and specialty gases, welding, safety, and related products, reported sales in its fiscal 2008 were up 25% to $4 billion, with same-store sales growth of 7%.
 
Airgas made 18 acquisitions in fiscal 2008, adding more than $500 million in annualized revenue, including Linde’s U.S. packaged gas business, which added $346 million.
 
These transactions helped us enhance our core business and extend our product lines, with acquisitions in packaged gases and welding products, safety products, ammonia, and refrigerants,”said CEO Peter McCausland.
 
Fourth quarter sales grew 27% from the prior year to $1.1 billion, with acquisitions contributing 17% of the growth. Total same-store sales increased 8% in the quarter, …

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