AIR PRODUCTS AND CHEMICALS INC <APD> 4TH QTR NET
Oper shr 70 cts vs 18 cts
    Oper net 39.1 mln vs 10.0 mln
    Sales 543.6 mln vs 489.6 mln
    Year
    Oper shr 2.83 dlrs vs 1.82 dlrs
    Oper net 159.7 mln vs 106.9 mln
    Sales 2.13 billion vs 1.94 billion
    Avg shrs 56.4 mln vs 58.6 mln
    NOTE: Results restated for discontinued engineering
services operations.
    Prior year net excludes losses from discontinued operations
of 143,000 dlrs in quarter and 102,156 dlrs in year.
    Fiscal 1987 year net excludes 4,081,000 dlr charge from
early debt retirement.
    Fiscal 1986 net includes special charges 24.7 mln dlrs in
quarter and 37.2 mln dlrs in year from worgroce reduction
costs, revaluation of South African investment, reversal of
investment tax credits and othe4r items.
 Reuter
