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Bernstein Says Air Liquide’s 1H26 Weakness Looks Temporary, Raises Target to €202

2026-07-30·ima-daily5min-0730-09-93f6c206e6
Street Signal | Bernstein Says Air Liquide’s 1H26 Weakness Looks Temporary, Raises Target to €202

Bernstein said Air Liquide’s 1H26 results were weak, mainly because a temporary disruption in helium supply weighed on margins.

The note said the company’s underlying fundamentals were unchanged and pointed to record backlog as support for long-term growth.

The report also cited October’s CMD and any improvement in the electronics and industrial merchant businesses as catalysts.

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Bernstein Says Air Liquide’s 1H26 Weakness Looks Temporary, Raises Target to €202

Bernstein said Air Liquide’s 1H26 results were weak, mainly because a temporary disruption in helium supply weighed on margins.

Bernstein said Air Liquide’s 1H26 results were weak, mainly because a temporary disruption in helium supply weighed on margins.

The note said the company’s underlying fundamentals were unchanged and pointed to record backlog as support for long-term growth.

The report also cited October’s CMD and any improvement in the electronics and industrial merchant businesses as catalysts.

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