LINDE PLC reported results for the quarter with revenue of $9.29B and diluted EPS of $4.15, versus $8.5B and $3.73 a year earlier, reflecting 9% sales growth and higher net income.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$9.29B$8.5B9.3% | Net income²$1.97B$1.81B9.2% | Diluted EPS³$4.15$3.7311.3% |
¹ Reported as “Sales”. ² Reported as “Net Income (Including Noncontrolling Interests)”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Sales rose 9% year-over-year, driven by pricing (+2%), volumes (+2%), and contributions from currency and acquisitions.
- Volume gains were led by electronics, manufacturing, chemicals and energy; APAC project start-ups also boosted equipment sales.
- Regional momentum was broad-based with APAC sales up 13% and EMEA growth aided by currency effects.
- Productivity initiatives helped offset cost inflation, improving operating profit and adjusted margins.
- Capital investment increased for new plants, and roughly $8.1B of gas backlog is under construction to support future capacity.
Original SEC Filing:
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