4/28/2022, 12:03 PM (Source: TeleTrader)
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Linde reports Q1 sales of $8.2B, up 13% on the year

Germany-based chemical company Linde plc revealed on Thursday that its sales in the first quarter of fiscal 2022 reached $8.2 billion, 13% higher compared to the same period in 2021.

Operating profit rose 22% year on year to $1.48 billion, while income from continuing operations jumped 19.9% to $1.17 billion. Diluted earnings per share (EPS) were up 23.6% on an annual basis, hitting $2.3 in the first trimester of 2022.

"For the full year 2022, the company expects adjusted diluted earnings per share to be in the range of $11.65 to $11.90, up 9% to 11% versus prior year or 11% to 13% excluding currency headwind," the report added.

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