Steady Sales Amid Economic Uncertainty

Linde plc announced its first-quarter results for 2025, reporting unchanged sales of $8.1 billion compared to the previous year. Despite the flat sales, the company saw a 5% increase in diluted earnings per share, reaching $3.51, and a net income rise to $1.67 billion.

Regional Performance Highlights

The company's performance varied by region, with the Americas experiencing a 4% underlying growth. However, EMEA and Asia Pacific faced declines due to weaker demand in manufacturing and metals sectors.

Outlook and Confidence

Linde has reaffirmed its full-year adjusted EPS forecast, projecting growth between 4% to 6%, or up to 8% excluding foreign exchange impacts. "I'm confident the Linde business model can continue to create shareholder value in any environment," stated CEO Sanjiv Lamba, expressing cautious optimism about the economic outlook.