Linde
🇬🇧 NASDAQ:LIN
Linde Q4 2024 Earnings Report
Key Takeaways
Linde's Q4 2024 performance was solid, with stable sales of $8.3 billion and a 9% increase in adjusted operating profit. EPS grew 14% to $3.60, with adjusted EPS up 11% to $3.97. Free cash flow reached $1.56 billion, and operating profit margin expanded by 250 basis points to 29.9%.
Linde Revenue
Linde EPS
Linde Revenue by Geographic Location
Forward Guidance
Linde expects continued EPS growth in 2025 despite global macroeconomic challenges, supported by operational efficiencies and pricing power.
Positive Outlook
- Projected adjusted EPS growth of 8%-11% in 2025.
- First-quarter 2025 EPS expected to grow 7%-9%.
- Strong order backlog of $10.4 billion supports future growth.
- Focus on operational efficiency driving margin expansion.
- Investments in clean energy projects strengthening future revenue.
Challenges Ahead
- Foreign currency headwinds impacting financial results.
- Weaker global macroeconomic conditions.
- Lower sales growth in EMEA region.
- Decline in Linde Engineering revenue.
- Potential volatility in raw material costs.