LEHIGH VALLEY, Pa. (Jan. 24)—Air Products and Chemicals Inc.'s first-quarter earnings increased 10.6 percent to $126 million on sales of $1.4 billion, a 10-percent hike from 2001 figures. Operating income was up 7 percent to $197 million. The company attributed the improved figure to acquisitions, increased gas volumes, lower than anticipated fiscal 2002 incentive compensation costs and favorable currency exchange rates.
Air Products net income, sales up 10 percent in first quarter
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