Linde (LIN) rises as Q4 profit tops expectations

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Go back to Linde (LIN) rises as Q4 profit tops expectations

Linde plc: Linde Reports Full-Year and Fourth-Quarter 2023 Results (Earnings Release Tables Attached)

February 6, 2024 6:12 AM EST

Linde Reports Full-Year and Fourth-Quarter 2023 Results

Full-Year Highlights

Sales $32.9 billion, down 2%, underlying sales up 5%Operating profit $8.0 billion; adjusted operating profit $9.1 billion, up 15%Operating profit margin 24.4%; adjusted operating profit margin 27.6%, up 390 basis points versus prior yearEPS $12.59; adjusted EPS $14.20, up 16%Returned $6.4 billion to shareholders through dividends and share repurchasesTotal project backlog of $8.5 billion

Fourth-Quarter Highlights

Sales $8.3 billion, up 5% YoY, underlying sales up 4%Operating profit $2.0 billion, adjusted operating profit $2.3 billion, up... More