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2008_2_Dec_Citi
Paul Huck presented Air Products' performance in fiscal year 2008. Key points include: - Sales were $10.4 billion, up 14% from the prior year, with continued double-digit earnings growth. - The company has a diverse portfolio across markets and geographies. - Air Products aims to deliver profitable growth through long-term contracts, new investments, and margin improvement initiatives. The goal is 17% operating margins by 2010. - Business segments like Merchant Gases, Electronics, and Tonnage Gases saw solid growth and improving returns in 2008 and the outlook for 2009 and beyond remains positive.
