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10/28, 12:02 PM (Source: TeleTrader)
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Linde+0.05%

320.74
Chart for: Linde PLC

Linde's Q3 sales jump 12% to $7.67 billion

Linde plc reported on Thursday its third-quarter earnings results, revealing an annual revenue growth of 12% to $7.67 billion, with operating profit soaring 19% to $1.29 billion. The company's net income surged 42% to $978 million, with diluted earnings per share reaching $1.88.

"We maintained our industry-leading performance and significantly expanded our project backlog. We also announced new GHG emission goals including a commitment to absolute emissions reduction, reaching climate neutrality by 2050," CEO Steve Angel noted.

Linde revised its full-year adjusted earnings per share guidance up to between $10.52 and $10.62 commenting on the outlook, estimating a yearly expansion of up to 29%.

Breaking the News / ND