L'Air Liquide S.A. (AIQUF) Management on Q2 2022 Results - Earnings Call Transcript

L'Air Liquide S.A. (OTCPK:AIQUF) Q2 2022 Earnings Conference Call July 28, 2022 4:30 AM ET

Company Participants

Aude Rodriguez - Head of Investor Relations
Francois Jackow - Executive Vice President
Jerome Pelletan - Chief Financial Officer
Mike Graff - Executive Vice President
Pascal Vinet - Senior Vice President In Charge of Europe Industries & Africa Middle-East

Conference Call Participants

Alex Jones - Bank of America
Tony Jones - Redburn
Chetan Udeshi - JPMorgan
Laurent Favre - BNP Paribas
Peter Clark - Société Générale
Andreas Heine - Stifel
Jean-Baptiste Rolland - Credit Suisse

Aude Rodriguez

Good morning, everyone. This is Aude Rodriguez, Head of Investor Relations. Thank you very much for joining our conference call today. Francois Jackow and Jerome Pelletan will present the First Half 2022 Performance. For the Q&A session, they are joined today by Mike Graff and for the first time, Pascal Vinet, Senior Vice President In Charge of Europe Industries and Africa Middle-East. In the agenda, our next announcement is on October 22 for our third quarter review.

Let me now hand you over to Francois.

Francois Jackow

Thank you, Aude, and good morning, everyone. It is my pleasure to be with you today to share our strong performance in the first half of 2022. Our business model not only again demonstrated its resilience to a challenging environment, but delivered growth across a number of metrics, which I will address in just a moment.

Before we start, I would like to remind two main events over the past six months. First, the successful launch of our midterm strategic plan advanced in March; second, the transition in terms of new governance for the group.

Let's start with slide three to show how we delivered a very strong performance in the first half across all criteria. A strong comparable sales