Linde said full-year 2023 sales fell 2% to $32.9 billion, while underlying sales rose 5%. Adjusted operating profit rose 15% to $9.1 billion, and adjusted diluted EPS rose 16% to $14.20.

1. 01

   Linde said full-year 2023 sales fell 2% to $32.9 billion, while underlying sales rose 5%. Adjusted operating profit rose 15% to $9.1 billion, and adjusted diluted EPS rose 16% to $14.20.

2. 02

   The company said sales for Q4 2023 rose 5% from the prior-year quarter to $8,302 million, while underlying sales rose 4%. For Q4, adjusted operating profit rose 14% to $2,272 million, and adjusted EPS rose 14% to $3.59.

3. 03

   Linde said operating cash flow for full-year 2023 was $9.3 billion, and it invested $3.8 billion in capital expenditures. Over the same period, it returned $6.4 billion to shareholders through dividends and share buybacks.

4. 04

   The company said it expects full-year 2024 adjusted diluted EPS to be in the range of $15.25 to $15.65, up 7% to 10% from the prior year, or 8% to 11% excluding the effect of currency. It also expects full-year capital expenditures of $4.5 billion to $5.0 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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