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Linde Posts Higher First-Half Profits and Sales, Confirms Outlook

5:34 AM MDT | July 29, 2011 | Ian Young

Linde posted a 12% increase in operating profits for the first half of 2011 compared with the first half of 2010, to €1.6 billion on sales up 11%, to €6.8 billion. Earnings after tax increased 24%, to €598 million. Second-quarter figures were not disclosed. "We've seen a strengthening of demand in both our gases business and our engineering business worldwide," Linde CEO Wolfgang Reitzle says. "We will continue to benefit from the growth areas energy and health, and from consistently dynamic trends in emerging economies, especially...

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