IHS Chemical Week

People & Business :: Earnings/Finance

Linde reports higher profits and revenues, confirms short- and mid-term outlooks

12:57 AM MDT | May 6, 2013 | Natasha Alperowicz

Linde’s profit in the first quarter of 2013 rose 10%, to €340 million ($446 million), with earnings per share of €1.72 compared with €1.65 in the year-earlier quarter, the company announced today. Revenues rose 10.3%, to €3.99 billion, and operating profit advanced 12.6%, to €953 million. Lincare, the US home-care company acquired in August 2012, contributed €397 million to revenues. Group operating margin rose 23.9%, to 23.4%. Linde confirmed its short- and medium-term outlooks of increased sales and operating profit of at...

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