Linde Reports Stable Q1 Sales with Notable Profit Growth

Linde plc announced its first-quarter earnings for 2025, revealing sales of $8.1 billion, consistent with the previous year. However, the company saw a 5% increase in diluted earnings per share, reaching $3.51, and a rise in net income to $1.67 billion. Adjusted operating profit improved by 4% to $2.4 billion, with operating margins expanding to 30.1%.

Regional Performance Highlights

The company experienced mixed results across regions. The Americas led with a 4% underlying growth, while 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 growth between 4% to 6%, or up to 8% excluding foreign exchange impacts.

Leadership Confidence in Future Growth

"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 CEO Sanjiv Lamba, underscoring the company's resilience and strategic positioning for sustained growth.