Linde Announces Stable First-Quarter 2025 Results

Linde plc reported stable financial results for the first quarter of 2025, with sales holding steady at $8.1 billion. The company's operating profit increased to $2.2 billion, while adjusted operating profit rose by 4% to $2.4 billion. The operating profit margin improved to 26.9%, with an adjusted margin of 30.1%, up 120 basis points.

Earnings per share (EPS) grew by 5%, reaching $3.51, and adjusted EPS climbed by the same margin, or 8% excluding currency effects. The company's operating cash flow increased by 11% to $2.2 billion. For the full year, Linde forecasts adjusted EPS growth of 4% to 6%.

Segment results varied, with Americas sales growing by 3%, while APAC and EMEA experienced declines of 3%. Linde Engineering saw a 5% increase in sales. Linde continues to project confident future performance, despite economic headwinds.