Report
Baptiste Lebacq ...
  • Michael B. Schäfer

Linde plc : Downward adjustment to the guidance for 2024

>Q3 2024 publication in line with forecasts - Linde's Q3 2024 sales were fully in line with our forecast at $ 8.36bn (+2% y-o-y and +2% q-o-q organic), with the main drivers being Asia Pacific (sales $ 1.59bn + 4.7% y-o-y) and engineering (sales +30.8% to $ 611m). Q3 2024 EBIT was $ 2.08bn and $ 2.477bn on an adjusted basis (i.e. 1% above our forecast), up 7% y-o-y. The adjusted operating margin was up 130bp y-o-y and 30bp q-o-q at 29.6%. Adjusted EPS was up...
Underlying
LINDE PUBLIC LIMITED COMPANY

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

Michael B. Schäfer

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