Linde Plc ( (LIN) ) has released its Q4 earnings. Here is a breakdown of the information Linde Plc presented to its investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Linde Plc is a leading global industrial gases and engineering company, providing solutions across various sectors including chemicals, energy, and electronics. The company is known for its contributions to clean energy, such as hydrogen production and carbon capture systems.
In its latest earnings report, Linde Plc announced flat sales for the full year 2024 at $33 billion, with underlying sales up by 2%. The adjusted operating profit reached $9.7 billion, marking a 7% increase from the previous year. The company returned $7.1 billion to shareholders and aims to continue its growth trajectory in 2025.
Key financial highlights include an adjusted operating margin increase to 29.5%, and a 9% rise in adjusted earnings per share to $15.51. The fourth quarter saw sales of $8.3 billion, flat year-over-year, but an underlying sales growth of 2%. The company maintained strong cash flow and solid returns to shareholders through dividends and share buybacks.
Looking ahead, Linde projects continued growth in 2025 with guidance for adjusted earnings per share to rise by 8% to 11%, excluding currency impacts. The company remains focused on its clean energy strategy and disciplined capital allocation to sustain shareholder value.
