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LIN Linde PLC

393.00
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Linde PLC NYSE:LIN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 393.00 0 01:00:00

Linde 1Q Earnings, Revenue Rose

06/05/2021 11:57am

Dow Jones News


Linde (NYSE:LIN)
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From May 2021 to May 2024

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   By Cecilia Butini 
 

Linde PLC said Thursday that earnings and revenue rose in the first quarter as healthcare, electronics and a recovery in end markets boosted sales.

The industrial gases and engineering company posted net profit of $979 million, or $1.86 a share, for the quarter, up 74% on the previous year.

Adjusted operating profit was $1.69 billion in the quarter, which the company said was up 25% versus the previous year and was led by higher prices and productivity initiatives across its segments.

Looking ahead, the company said it expects adjusted diluted earnings per share in the range of $2.50 to $2.55 in the second quarter. For the full year, it foresees adjusted diluted earnings per share in the range of $9.60 to $9.80, which would be an increase of 31% to 34% versus 2019 and of 17% to 19% versus 2020, Linde said.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

May 06, 2021 06:42 ET (10:42 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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