Linde Plc

NYSE:LIN   3:59:58 PM EDT
310.36
+0.90 (+0.29%)
Other Pre-Announcement

Linde Q2 Adjusted Operating Profit Up 8% At $2 Bln

Published: 07/28/2022 10:20 GMT
Linde Plc (LIN) - Reports Second-quarter 2022 Results (earnings Release Tables Attached).
Q2 Sales $8.5 Billion, Up 12% Versus Prior-year Quarter.
Q2 Operating Profit $0.6 Billion; Adjusted Operating Profit $2.0 Billion, Up 8%.
Increased Full-year 2022 Adjusted EPS Guidance to $11.73 - $11.93, Represents 10% to 12% Growth Year-over-year, 15% to 17% Ex.
Fx.
Q2 EPS $0.74; Adjusted EPS $3.10, Up 15%.
Q2 Operating Cash Flow of $2.1 Billion, Up 17% Versus Prior-year Quarter.
For Q3 of 2022, Linde Expects Adjusted Diluted Earnings per Share in Range of $2.85 to $2.95, Up 4% to 8% Versus Prior-year Quarter.
For Full Year 2022, Company Expects Adjusted Diluted Earnings per Share to Be in Range of $11.73 to $11.93, Up 10% to 12% Versus Prior Year Or 15% to 17% Excluding Currency Headwind.
This Guidance Assumes a Currency Headwind of 6% Year-over-year and 3% Sequentially.
Full-year Capital Expenditures Are Expected to Be in Range of $3.0 Billion to $3.4 Billion to Support Growth and Maintenance Requirements Including $3.6 Billion Contractual Sale of Gas Project Backlog.