The Linde Group achieved an 11% increase in sales in the nine months to 30th September 2008, maintaining its strong growth rate and performances since the restructuring of the German group.
After adjusting for exchange rate effects, sales increased to €9.392bn and a 12.9% increase in operating profit saw this rise to €1.910bn.
Compared with the prior year period, operating margin at group level improved by 50 basis points to 20.3%.
Perhaps more significantly, it appears that the impact of the ongoing global financial crisis is yet to hit Linde – just as Air Liquide had last week seemed to escape the credit crunch too.
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