Air Products & Chemicals Inc (MIL:1APD)
€ 293 -3.3 (-1.11%) Market Cap: 65.54 Bil Enterprise Value: 76.87 Bil PE Ratio: 27.58 PB Ratio: 4.69 GF Score: 61/100

Air Products and Chemicals Inc at Wells Fargo Industrials Conference Transcript

Jun 14, 2023 / 01:45PM GMT
Michael Joseph Sison
Wells Fargo Securities, LLC, Research Division - MD & Senior Equity Analyst

Good morning, everyone. My name is Mike Sison. I work with Wells Fargo. I cover chemicals. I'd like to welcome you to our second day of our Industrial Materials Conference. With us today, we have the team of Air Products, Sid and Mun here. So I'll just get into it. If anybody has questions, feel free to chime in.

Questions & Answers

Michael Joseph Sison
Wells Fargo Securities, LLC, Research Division - MD & Senior Equity Analyst

Sid, you guys have a really nice slide in your investor presentation, shows since '14, very consistent EPS growth around 11%. In fiscal '23, which is this year, your guidance is 10% to 12% growth, which, again, a very difficult year. And I guess the question, when you think about historically, high energy cost increases demand for industrial gases. That seems to be the case this decade so far.

And then there's a lot of opportunity to energy transition going forward. So when you think about Air Products' growth

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