Linde: Q2 adjusted EPS up 8%
(CercleFinance.com) - Linde reported sales of $8.
3bn in Q2, up 1% y-o-y.
Adjusted EBIT was $2.4bn (+6%), with adjusted net income of $1,859m (+6%) and adjusted EPS of $3.85, up 8%.
According to Linde CEO Sanjiv Lamba, these results reflect the company's ability to continuously develop its integrated industrial gas model, while developing and winning high-quality growth opportunities.
Looking ahead, the economic environment remains uncertain. However, we are well positioned to win more than our fair share of high-quality projects and continue to create shareholder value, he added.
Linde is targeting FY 2024 adjusted EPS of $15.4 to $15.6, representing an increase of 8% to 10%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
3bn in Q2, up 1% y-o-y.
Adjusted EBIT was $2.4bn (+6%), with adjusted net income of $1,859m (+6%) and adjusted EPS of $3.85, up 8%.
According to Linde CEO Sanjiv Lamba, these results reflect the company's ability to continuously develop its integrated industrial gas model, while developing and winning high-quality growth opportunities.
Looking ahead, the economic environment remains uncertain. However, we are well positioned to win more than our fair share of high-quality projects and continue to create shareholder value, he added.
Linde is targeting FY 2024 adjusted EPS of $15.4 to $15.6, representing an increase of 8% to 10%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.