Financial Highlights

Linde plc announced its first-quarter earnings for 2025, reporting $8.1 billion in sales, mirroring last year's figures. The company saw a rise in net income to $1.67 billion, with diluted earnings per share climbing 5% to $3.51. Adjusted operating profit reached $2.4 billion, marking a 4% increase, and operating margins expanded to 30.1%.

Regional Performance

Performance across regions varied, with the Americas experiencing 4% underlying growth. However, EMEA and Asia Pacific faced declines due to reduced demand in manufacturing and metals sectors. Despite these challenges, Linde remains optimistic about its full-year adjusted EPS forecast, projecting $16.20 to $16.50, which signifies 4% to 6% growth, or up to 8% excluding foreign exchange impacts.

Leadership Perspective

"Looking forward, while we remain cautious on the economic outlook, I'm confident the Linde business model can continue to create shareholder value in any environment," stated Sanjiv Lamba, Chief Executive Officer of Linde.