Airgas, Inc., Radnor, PA, reported sales of $1.1 billion for the first quarter ended June 30, 2008, an increase of 22% over the prior-year quarter. Profits grew 33% to $68.9 million.
Acquisitions contributed 15% to the increase, and total same-store sales grew 7% in the quarter, with hardgoods up 6% and gas and rent up 7%. Strategic product categories, focused on healthcare, life sciences, research, environmental, and food and beverage markets, posted 10% organic growth in the quarter.
Airgas, Inc. is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. …
Airgas Same-Store Sales up 7% in 1Q
Airgas, Inc., Radnor, PA, reported sales of $1.1 billion for the first quarter ended June 30, 2008, an increase of 22% over the prior-year quarter. Profits grew 33% to $68.9 million.
Acquisitions contributed 15% to the increase, and total same-store sales grew 7% in the quarter, with hardgoods up 6% and gas and rent up 7%. Strategic product categories, focused on healthcare, life sciences, research, environmental, and food and beverage markets, posted 10% organic growth in the quarter.
Airgas, Inc. is a U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. …
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- Filed In: Companies, Free, Gases & Welding Equipment, News, Subscriber Only, Top Distributor Sectors
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