Linde Reports Increased Revenue and Profit in Q2 2024

Monday, 5 August 2024, 13:16

Linde plc has demonstrated strong performance in the second quarter of 2024, reporting a 1% increase in sales year-over-year, reaching $8.3 billion. The company’s underlying sales saw a 3% rise, while operating profit stood at $2.2 billion, reflecting a 6% increase in adjusted operating profit from the previous year. This growth underscores Linde's robust market position and operational efficiency, setting a positive outlook for the remainder of the year.
AlphaStreet
Linde Reports Increased Revenue and Profit in Q2 2024

Linde's Financial Performance: Q2 2024 Overview

Linde plc (NASDAQ: LIN), a leading industrial gases and engineering company, has reported significant improvement in its financial metrics for Q2 2024.

Key Financial Highlights

  • Sales Growth: The company experienced a 1% increase in sales, amounting to $8.3 billion.
  • Underlying Sales: There was a 3% rise in underlying sales during this quarter.
  • Operating Profit: Q2 operating profit reached $2.2 billion, with adjusted operating profit growing by 6% from last year.

Conclusion

Linde's positive financial performance in Q2 2024 highlights its effective operational strategies and market resilience, positioning it well for future growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe