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

Exhibit 99.1

Quarter-to-Date

Sales Update

August 17, 2007

             
    July 2007    
    % Change    
    vs.    
    Prior Year   Commentary
Consolidated Sales
    17 %   Underlying growth of +10% on increases
across all business segments. Currency
+3%, acquisitions +2%, natural gas
pass-thru +2%.
Merchant Gases
    22 %   Sales increased on higher demand and
improved pricing across all regions.
Currency +4% and acquisitions +6%.
Tonnage Gases
    19 %   Sales increased mainly due to new plants
and higher loading. Higher natural gas
pricing +7%, currency +2% and
acquisitions +2%.
Electronics and
Performance Materials
    8 %   Sales growth remains strong driven by
underlying industry growth. As expected,
strong Electronics Specialty Materials
sales were offset by weaker Equipment
sales. Performance Materials has
benefited from growth in all major
product lines.  Currency +1%
Healthcare
    7 %   Sales increased due to underlying
strength in our European homecare
business and currency +4%.

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.