Air Products and Chemicals Inc at Goldman Sachs Industrials & Materials Conference Transcript

May 10, 2023 / 12:00PM GMT
Patrick Duffy Fischer - Goldman Sachs Group, Inc., Research Division - Research Analyst

Good morning, everybody. We'll go ahead and get started. The first thing I need to do is just to read our disclosure here. So we are required to make certain disclosures in public appearances about Goldman Sachs relationships with companies that we discuss. Disclosures relate to investment banking relationships, compensation received or 1% or more ownership. We're prepared to read allow disclosure any issuer upon request. However, these disclosures are available in our most recent reports available to you, our clients on the portal.

So with that, listen, we'd love to welcome to the stage the Air Products team, Seifi Ghasemi, the CEO, who I was looking today. It's been almost 10 years, 9 years, which it went fast. I'll tell you that. It seems like it's 4 or 5 years ago that Seifi came in and really started to change the culture of Air Products, took out a lot of cost. And his favorite slide on the slide deck, the margin started to go up pretty strongly. Melissa Schaeffer, the CFO. She's been with Air Products

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