Linde Sees Improvement but Unlikely to Match Record 2008 Sales and Earnings

The Linde Group reported third-quarter earnings before interest, tax, depreciation and amortization (Ebitda) of €637 million ($947.7 million), including €13 million restructuring charges. This compares with Ebitda of €652 million in the year-ago period. Group sales in the third quarter fell 9.5% to €2.84 billion. The company expects  business performance in the second half of 2009 to be better than in the first half but says it "will not be able to match the level of sales and earnings achieved in the record year of...

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