IHS Chemical Week

Markets :: Industrial Gases

Linde increases sales and profit

1:20 PM MDT | March 17, 2014 | Michael Ravenscroft

Linde says that group revenue rose to €16.7 billion ($23.2 billion), or 5.2%, and group operating profit increased by 7.6% to €3.96 billion, in full-year 2013. The company says it is proposing to increase the dividend to €3.00, or 11.1%. Exchange rate effects increasingly acted as a brake on revenue trends during the reporting period, Linde says. The increase in revenue was 9.7%, or €656 million, after adjusting for exchange rate effects, according to Linde. Group operating margin in 2013 was 23.8% compared with 23.3% in the year-ago period...

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