Citi Reiterates Neutral Rating on Linde (LIN)

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Linde Reports Second-Quarter 2024 Results (Earnings Release Tables Attached)

August 2, 2024 6:11 AM EDT

Second-Quarter Highlights

Sales $8.3 billion, up 1%, underlying sales up 3%

Operating profit $2.2 billion, adjusted operating profit $2.4 billion, up 6%

Operating profit margin 26.4%; adjusted operating profit margin 29.3%, up 140 basis points

EPS $3.44, up 8%; adjusted EPS $3.85, up 8% YoY

Full-year 2024 adjusted EPS guidance of $15.40 - $15.60 representing 9% to 11% growth year-over-year excluding FX

WOKING, UK / ACCESSWIRE / August 2, 2024 / Linde plc (Nasdaq: LIN) today reported second-quarter 2024 net income of $1,663 million and... More