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Praxair profit falls on lower sales in Europe, South America

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Published: Wednesday, 23 Jan 2013 | 6:22 AM ET

Jan 23 (Reuters) - Praxair Inc, the largest industrial gas supplier in the Americas, reported a slightly lower quarterly profit as weak sales in Europe and South America offset strong sales in Asia.

Profit for the fourth quarter fell to $414 million, or $1.40 cents per share, from $420 million, or $1.40 per share, a year earlier.

Revenue rose marginally to $2.8 billion.

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Jan 23- Praxair Inc, the largest industrial gas supplier in the Americas, reported a slightly lower quarterly profit as weak sales in Europe and South America offset strong sales in Asia. Profit for the fourth quarter fell to $414 million, or $1.40 cents per share, from $420 million, or $1.40 per share, a year earlier. Revenue rose marginally to $2.8 billion.
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