EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

Exhibit 99.1

Quarter-to-Date
Sales Update

December 19, 2007

             
    October &    
% Change vs. Prior Year   November 2007   Commentary
Consolidated Sales
    12 %   Underlying growth continues across most segments. Lower
Equipment & Energy and Chemical segment sales reduced
overall underlying growth by 3%. Currency +5%, acquisitions
+2% and natural gas pass-thru +2%.     
Merchant Gases
    21 %   Sales increased on strong demand in Asia and improved
pricing across all regions. Argon and helium availability
constrained volume growth. Currency +7%, acquisitions
+7%.     
Tonnage Gases
    24 %   Sales increased due to higher loading and new plants.
Currency +4%, acquisitions +2%, and higher natural gas
pricing +8%.     
Electronics and
Performance Materials
    7 %   Sales growth moderated due to lower equipment sales and
product rationalization efforts in Electronics. Underlying
Electronics growth was strong on continued high industry
utilizations. Performance Materials sales remained strong due
to solid industry growth and the impact of pricing
actions.  Currency +3%.     
Healthcare
    12 %   Sales increased due to underlying strength in our European
homecare business and currency +7%.     

Note: We are providing this information at the request of financial analysts and investors who have indicated that it would assist them in understanding recent business trends at Air Products. This information is based on current estimates and data that we believe in our judgment to be reliable. Please keep in mind that sales are not the only factors that determine future financial performance. Many other factors including raw material, energy, distribution and overhead costs and other price changes also influence results.