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

Exhibit 99.1

Quarter-to-Date
Sales Update

February 19, 2007

             
    January 2007    
    % Change    
    vs.    
    Prior Year   Commentary
Consolidated Sales
    11 %   Underlying growth of +16% on strength across most segments
(includes lower Equipment & Energy and Chemicals segments).
Currency +2%, Natural gas (7%). Acquisitions and divestitures
net for 0% growth.
 
           
Merchant Gases
    20 %   Sales increased on solid demand and improved pricing in most
major regions. North America, Europe & Asia all up double
digits. Excluding North America LHY, sales up 19.5%.
 
           
Tonnage Gases
    5 %   Sales increased due to new hydrogen plants brought onstream
during 2006. Lower natural gas pricing impacted sales growth by
~ (28%).
 
           
Electronics and
Performance Materials
    27 %   Sales increased significantly in both businesses driven by
underlying industry growth. Electronics sales benefited from the
loading of investments made throughout 2006 and particularly
strong Equipment orders. Performance Materials sales benefited
from strong Epoxy Additives demand and the Tomah acquisition. 
 
           
Healthcare
    19 %   Sales increased primarily due to the UK respiratory care
contract and underlying strength in our Spanish homecare business.

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.