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Linde reports lower profits and revenues, confirms outlook

1:53 AM MDT | July 29, 2014 | Natasha Alperowicz

Linde (Munich), the gases and engineering group, today reported a 4.3% drop in second-quarter adjusted operating profit, to €969 million ($1.30 billion), on 1.3% lower revenues of €4.17 billion. Operating margin in the quarter was 23.3% compared with 24% in the year-earlier period. The gases division reports a 2.4% decline in operating profit, to €950 million, on 3.2% lower revenue of €3.46 billion. The engineering division's operating profit slid 14.6%, to €70 million, on 3% higher revenue of €717 million.   The gases...

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