Linde said sales for Q3 2024 were $8,356 million, up $201 million from the prior year. The company said higher pricing and Engineering growth of 2% and 2%, respectively, drove sales, while volumes were flat.

10-QQuarterly reportFiled Oct 31, 2024Period of report Sep 30, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

Linde said sales for Q3 2024 were $8,356 million, up $201 million from the prior year. The company said higher pricing and Engineering growth of 2% and 2%, respectively, drove sales, while volumes were flat.
The company said reported operating profit for Q3 2024 was $2,086 million (25.0% of sales) and reported diluted EPS was $3.22. Adjusted operating profit was $2,477 million (29.6% of sales), up 7%, and adjusted EPS was $3.94, 9% higher than $3.63 a year earlier.
The company said cost reduction program and other charges were $145 million for Q3 2024 and for the 9 months, compared with $2 million and $42 million, respectively, in the prior-year periods. The 2024 amounts include severance charges of $148 million for Q3 and an other benefit of $43 million related to the APAC divestiture.
The company said net cash provided by operating activities was $6,614 million for the 9 months ended September 30, 2024, up $36 million from the prior year. Capital expenditures for the period were $3,247 million, cash dividends were $1,996 million, and net purchases of ordinary shares were $3,120 million.

Key figures

Quarter ended September 30, 2024

Revenue: $8.4B
Operating income: $2.1B
Net income: $1.6B
EPS: $3.22

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Linde Q3 2024 sales up $8,356 million on pricing and Engineering

Linde said sales for Q3 2024 were $8,356 million, up $201 million from the prior year. The company said higher pricing and Engineering growth of 2% and 2%, respectively, drove sales, while volumes were flat.

Source · Based on the MD&A text of the filing

Linde Q3 adjusted operating profit $2,477 million, adjusted EPS $3.94

The company said reported operating profit for Q3 2024 was $2,086 million (25.0% of sales) and reported diluted EPS was $3.22. Adjusted operating profit was $2,477 million (29.6% of sales), up 7%, and adjusted EPS was $3.94, 9% higher than $3.63 a year earlier.

Source · Based on the MD&A text of the filing

Cost reduction program and other charges $145 million

The company said cost reduction program and other charges were $145 million for Q3 2024 and for the 9 months, compared with $2 million and $42 million, respectively, in the prior-year periods. The 2024 amounts include severance charges of $148 million for Q3 and an other benefit of $43 million related to the APAC divestiture.

Source · Based on the MD&A text of the filing

Linde 2024 January–September operating cash flow $6,614 million, cash used for investing

The company said net cash provided by operating activities was $6,614 million for the 9 months ended September 30, 2024, up $36 million from the prior year. Capital expenditures for the period were $3,247 million, cash dividends were $1,996 million, and net purchases of ordinary shares were $3,120 million.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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