** Industrial gas supplier Air Liquide AIRP.PA falls around 3.5% to the bottom of the French blue-chip CAC40 index .FCHI after posting a quarterly revenue update that J.P. Morgan deemed "somewhat disappointing"
** Q1 revenue rose to EUR 6.79 billion ($7.94 billion) versus an analyst consensus of EUR 6.83 billion
** JPM said continued softness in its Large Industries division will likely be seen as somewhat disappointing given continued good performance in its onsite business backlog and excitement the conflict in the Middle East would be a net tailwind
** "Aside from the onsite, growth in other businesses is relatively better (...) but still weak volumes," the broker adds
** Shares are on track for their worst day since the beginning of April 2025, if losses hold
($1 = 0.8547 euros)
(Reporting by Jakob Van Calster)
((jakob.vancalster@thomsonreuters.com))
