earnings
confidence high
sentiment positive
materiality 0.85
Linde Q2 adj. EPS $3.57 (+15% YoY); raises FY2023 guidance to $13.80-$14.00
LINDE PLC
2023-Q2 EPS reported
$6.25
revenue$16,397,000,000
- Adjusted EPS $3.57 (+15% YoY); GAAP EPS $3.19. FY2023 guidance raised to $13.80-$14.00 (12-14% growth).
- Sales $8.2B down 3% YoY but underlying up 6% on 7% price; cost pass-through and currency headwinds.
- Adjusted operating profit margin 27.9%, up 440 bps YoY; operating cash flow $2.15B; free cash flow $1.29B.
- Americas op. profit margin 30.2% (+430 bps); EMEA 29.2% (+420 bps); APAC 28.0% (+220 bps).
- Engineering sales $495M (-23% YoY); order intake $294M; backlog $3.4B. Capex guidance $3.5-4.0B.