Linde reports full-year and Q4 2019 results


Linde plc today reported its fourth-quarter income from continuing operations of $507m and diluted earnings per share of $0.94.

Excluding Linde AG purchase accounting impacts and other charges, adjusted pro forma income from continuing operations was $1.02bn, up 22% versus prior year and down 3% sequentially.

Linde’s sales for the fourth quarter were $7.08bn. Pro forma sales were $7.07bn, up 3% versus prior year excluding negative currency. Volume increased 1% while price improved 2% and was attained across all geographic segments.

Fourth-quarter operating profit was $655mi. Adjusted pro forma operating profit of $1.34bn was 17% above prior year or 19% when excluding unfavourable currency.

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