Industrial gas major Nippon Sanso Holdings says demand in electronics, food and beverage, and healthcare is expected to remain strong into the second half of its financial year 2025, offsetting weaker demand in steel, chemicals, and transportation. The company’s financial year runs to 31 March.
“Resilient businesses like electronics, food and beverage, and healthcare are positive,” said Executive Vice-President Alan Draper, who spoke on an earnings call. “Steel and chemicals are a little more negative, but overall it’s a balanced outlook.”
The company’s recent acquisitions, including its March 2024 of Esteve Teijin Healthcare – a Spanish home-healthcare provider – reflect this focus on resilient markets.
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