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Air Products lifts adjusted earnings as clean-energy exits reshape fiscal 2026

Air Products delivered 12% growth in fiscal 2026 adjusted EPS and cut capital spending by US$1.8 billion, while absorbing another US$3.2 billion in charges tied mainly to project exits. The company expects further adjusted earnings growth in fiscal 2027, but its recovery still rests on how successfully it converts a larger backlog into cash flow.
Maxwell Dee
5 Nov 2026