Linde's Financial Highlights

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

Regional Performance Insights

The Americas demonstrated a 4% underlying growth, contrasting with declines in EMEA and Asia Pacific regions. These downturns were attributed to weaker demand in the 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% when excluding foreign exchange impacts.

Leadership's Outlook

"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 Chief Executive Officer Sanjiv Lamba, highlighting the company's resilience and strategic positioning for future growth.