ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

Airgas Highlights Strong Growth Prospects at Analyst Meeting; Fiscal 2016 Goals Reflect Significant Improvement in Operating Margin and Returns

Print | 
Email |  Comment   Share  

(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

Airgas
259 No. Radnor-Chester Rd.
Radnor, PA, 19087
USA



Press release date: December 5, 2012

RADNOR, PA - Airgas, Inc. (NYSE: ARG) today will hold its 2012 analyst meeting, during which it will discuss strategies for organic and acquisition growth, operating efficiency opportunities, the progress of the Company's SAP implementation, and fiscal 2016 financial goals.

"Airgas is stronger than ever and well-positioned for long-term growth," said Airgas Executive Chairman Peter McCausland. "While near-term uncertainty persists in the macroeconomic environment, we're very optimistic about the long-term prospects for the U.S. manufacturing and energy industries and our ability to leverage our unique value proposition and unrivaled platform to drive growth in these and other key market segments."

Airgas President and Chief Executive Officer, Michael L. Molinini, will discuss the Company's strategy for sales channel optimization, including its investments in its Airgas Total Access(TM) telesales program and the development of a robust eBusiness platform. Andrew R. Cichocki, Senior Vice President - Distribution Operations and Business Process Improvement, will provide an update on the progress of the Company's SAP implementation and discuss supply chain optimization opportunities, and Ronald J. Stark, Senior Vice President - Sales and Marketing, will provide insight into each of the Company's key market segments.

Molinini commented, "The foundation we have built is strong, and development of the programs to further leverage our foundation for long-term growth and enhanced profitability is well down the road to completion."

Airgas Senior Vice President and Chief Financial Officer, Robert M. McLaughlin, will review the Company's strong financial profile and resilient business model, and introduce fiscal 2016 financial goals. "While near-term business conditions are challenging, we remain focused on the key metrics that drive shareholder value creation," said McLaughlin. "In fiscal 2016, subject to certain assumptions, we expect to have grown revenues to more than $6.5 billion, increased operating margins to between 15% and 16%, and expanded return on capital* to between 17% and 18%."

The presentation materials, including assumptions associated with financial goals and reconciliations of non-GAAP financial measures, are available on the Company website at http://investor.shareholder.com/arg/slides.cfm.

The presentation will begin at 2:00pm ET and is expected to end by 5:30pm ET. Interested parties may listen to a live webcast or replay until January 5 at http://investor.shareholder.com/arg/events.cfm.

About Airgas, Inc.
Airgas, Inc. (NYSE: ARG), through its subsidiaries, is one of the nation's leading suppliers of industrial, medical and specialty gases, and hardgoods, such as welding equipment and related products. Airgas is a leading U.S. producer of atmospheric gases with 16 air separation plants, a leading producer of carbon dioxide, dry ice, and nitrous oxide, one of the largest U.S. suppliers of safety products, and a leading U.S. supplier of refrigerants, ammonia products, and process chemicals. More than 15,000 employees work in approximately 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also markets its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

Media Contact:
Doug Sherman (610) 902-6270
doug.sherman@airgas.com

Investor Contact:
Barry Strzelec (610) 902-6256
barry.strzelec@airgas.com

Airgas, Inc.
259 North Radnor-Chester Road Suite 100,
Radnor, PA 19087-5283
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 More New Product News from this company:
RFID System manages cylinder gas expiration.
Refrigerant Reclamation System minimizes effort via automation.
Plasma Torches handle light- to heavy-duty cutting.
Gases are available in 12-cylinder packs.
Regulators control pressure and ensure gas purity.
More ....
| Featured Manufacturing Jobs
 Other News from this company:
Airgas Recognized with Two CGA Fleet Safety Awards for Cylinder and Bulk Vehicle Fleets
Airgas' Advanced Fabrication Technologies Group to Exhibit at FABTECH
Airgas to Exhibit Top-of-the-Line Welding and Manufacturing Equipment at EASTEC, May 14-16 in West Springfield, MA
Airgas Receives Two CGA Fleet Safety Awards for Cylinder and Bulk Vehicle Fleets
Airgas Announces West Division and Intermountain Region Leadership Changes
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address