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Air Liquide Targets Margin Growth Amid Dividend Increase

2/20/2026

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Story summary
  • On February 20, 2026, Air Liquide, the French industrial gases group, confirmed its 2026 margin guidance.
  • Air Liquide set a target to increase its operating margin by 100 basis points in 2027.
  • This target contributes to a total improvement of 560 basis points from 2022 to 2027.
  • Air Liquide posted 2025 recurring operating income of 5.58 billion euros.
  • Air Liquide plans to propose a 3.70-euro dividend per share, up 12.1%.