Linde Delivers Strong Quarter
Despite weaker industry activity, Linde posted a 24% rise in third quarter net income to $1.9bn, up $379m year-on-year.
Quarterly operating profit totalled $2.4bn on the back of strong sales of $8.6bn.
CEO Sanjiv Lamba said while Linde remains guarded on any near-term industrial recovery, he was confident its “time-tested capital allocation policy and disciplined investment approach will continue to value.”
- Americas sales of $3.8bn were up 6% on 2024, leading to an operating profit of $1.2bn
- APAC sales of $1.7bn were up 1% on last year
Author's summary: Linde posts strong Q3 results despite weak industry activity.
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