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Air Products Talks Up Blue Hydrogen After CEO Swap

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Air Products chose not to give any prominence to its incoming leadership team in the company’s Q1 2025 earnings call today. Adjusted EBITDA increased 1%, with margin improvement attributed to favorable pricing and business mix, although volume declined 2% due to the LNG divestment to Honeywell. Analyst sentiment was ‘neutral to slightly positive,’ according to Seeking Alpha commentary.

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