Binod Patwari
Binod Patwari, who currently serves as the Managing Director of Linde’s South Pacific Region, has been appointed as Senior Vice President-APAC, succeeding Mr. Panikar, effective November 1, 2024.
Highest-materiality recent filing
Linde issues €600M floating-rate, €500M 3.200%, €500M 3.800% notes
Issued €600M Floating Rate Notes due 2028, €500M 3.200% Notes due 2030, and €500M 3.800% Notes due 2036.
Linde Q1 2026: EPS $3.98 (+13%), sales $8.8B (+8%), guides FY adj EPS $17.60-$17.90
Sales $8.78B (+8% YoY), underlying +3%; op profit $2.44B, adj op profit $2.63B (+8%).
Linde Q4 2025 adj. EPS $4.20 (+6% YoY); FY adj. EPS $16.46 (+6%); guides FY26 $17.40-$17.90
Q4 sales $8.8B (+6% YoY); adj. operating profit $2.6B (+4%); adj. operating margin 29.5%.
Linde plc enters $1.5B 364-day revolving credit facility
$1.5B unsecured 364-day revolving credit agreement dated Dec 3, 2025 with Bank of America as administrative agent.
Linde issues €1.75B in three tranches of notes for general corporate purposes
Issued €600M floating rate notes due 2027, €650M 3.125% notes due 2032, and €500M 3.750% notes due 2038.
Linde Q3 2025 adjusted EPS $4.21, up 7% YoY; raises full-year guidance
Sales $8.615B (+3% YoY); adjusted operating profit $2.558B (+3%); margin 29.7%, up 10 bps.
Linde CEO Sanjiv Lamba to become Chairman; Sean Durbin appointed COO
Chairman Stephen F. Angel to retire from board effective Jan 31, 2026.
Linde EVP-CHRO David Strauss to retire; Desiree Bacher appointed successor
David Strauss retires March 31, 2026 after 35 years; executive officer role ends Sept 1, 2025.
Linde Q2 adj. EPS $4.09 (+6% YoY); FY2025 EPS guidance $16.30-$16.50
Sales $8.5B (+3% YoY); underlying sales up 1% on 2% price, partially offset by 1% lower volumes.
Linde shareholders elect all 10 directors, approve audit and say-on-pay at 2025 AGM
All 10 director nominees elected with 93.19% to 99.70% of votes cast; lowest support for Victoria E. Ossadnik.
Linde issues CHF500M in two tranches (0.615% notes due 2029, 1.0629% notes due 2033)
Issued CHF225M of 0.615% notes due 2029 and CHF275M of 1.0629% notes due 2033.
Linde Q1 adj EPS $3.95, up 5% YoY; margin expands 120 bps to 30.1%
Sales $8.1B flat YoY; underlying sales up 1% from 2% price, partly offset by 1% lower volumes.
Linde plc issues €2.24B of notes in three tranches due 2029, 2033, 2037
Issued €850M 2.625% notes due 2029, €750M 3.000% notes due 2033, and €650M 3.250% notes due 2037.
Linde reports Q4 2024 adj EPS $3.97, up 11% YoY; guides FY25 adj EPS $16.15-$16.55
Q4 sales $8.3B flat YoY; underlying sales +2% ex FX; adj operating margin 29.9%, +250 bps YoY.
Linde enters $1.5B 364-day unsecured revolving credit facility for general corporate purposes
Total commitments of $1.5B; initial borrowers: Linde plc, Linde Inc., Linde GmbH, Linde Finance B.V.
Linde EVP John Panikar retires; gets $525K severance plus up to $665K bonus
John Panikar, former EVP-APAC, retired as executive officer Nov 1, 2024, will serve non-exec role through March 31, 2025.
Linde EVP-APAC Panikar retiring; Binod Patwari appointed SVP-APAC
John Panikar, EVP-APAC, to retire March 31, 2025 after 33 years; officer role ends Nov 1, 2024.
Linde Q3 2024 results announced; filing lacks specific figures
Press release issued Oct 31, 2024 covering Q3 2024 operations.
Linde Q2 adjusted EPS $3.85 (+8% YoY); guides FY24 adj. EPS $15.40-$15.60
Sales $8.3B (+1% reported, +3% underlying); adj. operating margin 29.3% (+140 bps).
Linde shareholders elect all 10 director nominees; all proposals pass at 2024 AGM
All 10 director nominees elected; support ranged from 89.78% (Kaeser) to 99.81% (Lamba).
Linde issues €2.2B in three senior note tranches; net proceeds ~€2.176B
€750M 3.375% notes due 2030, €750M 3.500% notes due 2034, €700M 3.750% notes due 2044.
Sales $8.1B (-1% YoY), underlying sales +1%; adj operating profit $2.34B (+6%), margin 28.9% (+200bps).
Martin H. Richenhagen retires from Linde board effective April 29, 2024
Martin H. Richenhagen retired from the Board of Directors effective April 29, 2024.
Linde elects Paula Rosput Reynolds as independent director
New board member effective February 27, 2024.
Linde issues €2.238B in three tranches of senior notes (3.0%-3.4%, 2028-2036)
Issued €700M 3.000% Notes due 2028, €850M 3.200% Notes due 2031, and €700M 3.400% Notes due 2036.
Linde Q4 adjusted EPS $3.59, up 14% YoY; FY2024 guidance implies 8-11% ex-FX growth
Full-year 2023 sales $32.9B (+5% underlying); adjusted EPS $14.20 (+16%); operating margin 27.6% (+390 bps).
Linde enters $1.5B 364-day unsecured revolving credit facility
Total commitments of $1,500,000,000 from a syndicate of banks led by Bank of America.
Linde Q3 adj EPS $3.63, up 17% YoY; raises FY guidance; moving to Nasdaq Nov 7
Q3 adj EPS $3.63 vs $3.10 prior year (+17%); revenue $8.2B, down 7% YoY but underlying sales up 3%.
Linde shareholders approve reduction of supermajority voting requirements at AGM
Amendments to reduce certain supermajority shareholder vote requirements approved with 99.63% of votes cast.
Linde Q2 adj. EPS $3.57 (+15% YoY); raises FY2023 guidance to $13.80-$14.00
Adjusted EPS $3.57 (+15% YoY); GAAP EPS $3.19. FY2023 guidance raised to $13.80-$14.00 (12-14% growth).
Linde issues €1.9B in three tranches of euro-denominated notes
€500M 3.625% notes due 2025; €750M 3.375% notes due 2029; €650M 3.625% notes due 2034.
Director Edward G. Galante retires from Linde board at age 72 per tenure policy
Edward G. Galante retired from Linde plc's Board of Directors effective April 24, 2023.
Linde Q1 adjusted EPS $3.42 beats estimates; raises FY 2023 guidance to $13.45-$13.85
Adjusted EPS $3.42, up 17% YoY; GAAP EPS $3.06, up 33% YoY.
Linde completes reorganization, delists from Frankfurt Stock Exchange, lists solely on NYSE
Reorganization completed March 1, 2023; predecessor merged into new entity 'Linde plc'.
Linde Q4 adj. EPS $3.16 (+14% YoY); FY23 adj. EPS guidance $13.15-$13.55 (9-12% ex-FX)
Full-year 2022 sales $33.4B (+8%); adj. operating profit $7.9B (+10%); adj. EPS $12.29 (+15%).
Linde appoints Hugh Grant to Board of Directors, effective Jan 23, 2023
Hugh Grant elected to Board on January 23, 2023.
Linde shareholders approve delisting from Frankfurt Stock Exchange, shift to NYSE-only listing
Court Meeting approved Scheme of Arrangement with 93.97% of votes cast (358.2M for, 22.9M against).
Linde enters $5B five-year and $1.5B 364-day revolving credit facilities
Five-year facility provides $5.0B in commitments, expiring Dec 2027, with two optional one-year extensions.
Linde Inc. issues $300M 4.800% notes due 2024 and $600M 4.700% notes due 2025; net proceeds $895.6M
Issued $300M aggregate principal of 4.800% notes due Dec 5, 2024, and $600M of 4.700% notes due Dec 5, 2025.
Linde Q3 adjusted EPS $3.10, up 14% YoY; raises full-year guidance to $11.93-$12.03
Sales $8.8B (+15% YoY); adjusted EPS $3.10 (+14%); GAAP EPS $2.54 (+35%).
Linde proposes delisting from Frankfurt Stock Exchange via reorganization
Board approved proposal for shareholder vote on reorganization to delist from Frankfurt Stock Exchange.
All 10 director nominees elected with 85.55-99.30% of votes cast in favor; Galante lowest at 85.55%.
Linde Q2 adj. EPS $3.10 (+15% YoY); raises full-year guidance to $11.73-$11.93
Revenue $8.5B (+12% YoY); adjusted op. profit $2.0B (+8%); adj. op. margin 23.5%, +100bps ex. cost pass-through.
Press release dated April 28, 2022 covers results for quarter ended March 31, 2022.
Linde issues €2.05B in three tranches of euro-denominated notes
Issued €500M of 1.000% Notes due 2027, €750M of 1.375% Notes due 2031, €800M of 1.625% Notes due 2035.
Linde reports record 2021: adj. EPS $10.69 (+30%), backlog $13B; FY2022 guidance $11.55-$11.85
Full-year 2021 sales $30.8B (+13%), adj. operating profit $7.2B (+24%), adj. EPS $10.69 (+30%).
Linde appoints Sanjiv Lamba as CEO effective March 1, 2022; discloses compensation terms
Sanjiv Lamba to succeed Stephen F. Angel as CEO effective March 1, 2022.
Linde Q3 sales $7.7B (+12%), adj EPS $2.73 (+27%), raises FY guidance to $10.52-$10.62
Sales $7,668M, up 12% YoY; underlying sales +11% (price +3%, volume +8%).
Linde appoints Sanjiv Lamba as CEO effective March 1, 2022; Angel becomes Chairman
Sanjiv Lamba to succeed Steve Angel as CEO effective March 1, 2022; Angel becomes Chairman and replaces retiring Reitzle.
Linde issues €1.9B in three tranches of euro-denominated notes
Issued €700M 0.000% Notes due 2026, €500M 0.375% Notes due 2033, and €700M 1.000% Notes due 2051.
Binod Patwari, who currently serves as the Managing Director of Linde’s South Pacific Region, has been appointed as Senior Vice President-APAC, succeeding Mr. Panikar, effective November 1, 2024.
John Panikar, Executive Vice President-APAC, has announced that he will retire from Linde effective March 31, 2025, after serving 33 years with Linde.
As contemplated by the Director Tenure & Resignation Policy of the Board of Directors of Linde plc, Martin H. Richenhagen retired from the Board of Directors effective April 29, 2024.
On February 27, 2024, the Board of Directors elected Paula Rosput Reynolds as a new independent member of the Board of Directors of Linde plc effective on that date.
As contemplated by the Director Tenure & Resignation Policy of the Board of Directors of Linde plc, Edward G. Galante retired from the Board of Directors effective April 24, 2023, as he has attained the age of 72.
On January 23, 2023, the Board of Directors elected Hugh Grant as new member of the Board of Directors effective on that date.
On October 25, 2021, the Board of Directors of Linde plc (the “Company”) appointed Sanjiv Lamba to succeed Stephen F. Angel as the Company’s Chief Executive Officer effective March 1, 2022.
On October 25, 2021, the Board of Directors of Linde plc (the “Company”) appointed Sanjiv Lamba to succeed Stephen F. Angel as the Company’s Chief Executive Officer effective March 1, 2022.
elected Alberto Weisser and Josef Kaeser as new members of the Board of Directors effective November 1, 2021
Wolfgang Reitzle who will retire from the Board
elected Alberto Weisser and Josef Kaeser as new members of the Board of Directors effective November 1, 2021
appointed Stephen F. Angel as the Chairman of the Board Effective March 1, 2022 upon his retirement as the Company’s CEO
Max materiality 0.85 · Median 0.50 · Most common event earnings