Linde (LIN) Tops Q4 EPS by 16c, Offers Guidance

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Linde Reports Full-Year and Fourth-Quarter 2020 Results (Earnings Release Tables Attached)

February 5, 2021 6:22 AM EST

Linde Reports Full-Year and Fourth-Quarter 2020 Results

Full-Year Highlights

Sales $27.2 billion, down 3%Operating profit $3.3 billion, adjusted operating profit $5.8 billion, up 10%Operating profit margin 12.2%; adjusted operating profit margin 21.3%, up 260 basis points versus prior yearEPS $4.70; adjusted EPS $8.23, up 12%Strong operating cash flow $7.4 billion, up 21%Returned $4.4 billion to shareholders through dividends and share repurchasesReduced GHG emissions intensity by 16% versus 2018; target of 35% reduction by 2028

Fourth-Quarter Highlights

Sales $7.3 billion, up 3%... More