Linde plc : Soft FY 2024 and Q2 outlook leaving no upside to consensus, FY 2024 capex outlook cut by $ 500m & muted EPS growth in the mid-term. Underperform
>Q1 adj. EPS & adj. EBIT were 2% ahead of consensus, volumes down 1% y-o-y - Linde reported Q1 2024 adj. EPS increase of 10% y-o-y to $ 3.75 (+4% q-o-q), exceeding the upper end of previously provided Q1 2024 company guidance ($ 3.58-$ 3.68). Sales decreased by 1% y-o-y to $ 8.1bn in Q1 2024 in the wake of lower volumes (-1% y-o-y), while price/mix (+2% y-o-y) only offset the headwind from energy price pass-through (-2%). Food & Beverage (+6% y-o-y sales growth) and C...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.