Linde Reports 2024 Financial Results with Moderate Growth

Linde plc announced its financial results for 2024, showcasing steady sales performance. Total sales reached $33.0 billion, maintaining last year's level, with underlying sales up by 2%. Operating profit stood at $8.6 billion, with adjusted figures showing an increase of 7% to $9.7 billion, enhancing the profit margin to 29.5%.

In terms of regional performance, America's sales grew by 1%, while Asia Pacific saw a 2% rise. However, EMEA faced a 2% decline in sales. Linde's full-year earnings per share increased by 8%, achieving $13.62, or $15.51 adjusted, marking a 9% rise. The company also maintained a robust total project backlog of $10.4 billion.

Looking ahead, Linde projects an adjusted EPS of $16.15 to $16.55 for 2025, reflecting growth driven by a disciplined approach and significant progress in clean energy initiatives.