The company said sales for Q1 2024 were $8,100 million, down 1% from a year earlier. It said underlying sales rose 1%, driven by 2% higher pricing partially offset by 1% lower volumes. Adjusted operating profit was $2,341 million, up 6%.

1. 01

   The company said sales for Q1 2024 were $8,100 million, down 1% from a year earlier. It said underlying sales rose 1%, driven by 2% higher pricing partially offset by 1% lower volumes. Adjusted operating profit was $2,341 million, up 6%.

2. 02

   The company said net income for Q1 2024 was $1,627 million and diluted earnings per share were $3.35, up 7% and 9%, respectively. Excluding Linde AG purchase accounting impacts, adjusted earnings per share were $3.75, 10% above the prior year.

3. 03

   Linde said operating cash flow for Q1 2024 was $1,954 million, up 2%. After capital expenditures of $1,048 million, free cash flow was $906 million, the company said. It said it returned $1,694 million to shareholders in the quarter through dividends and share repurchases, net of issuances.

4. 04

   The company said it expects full-year 2024 adjusted diluted earnings per share of $15.30 to $15.60, up 8% to 10% from the prior year. It expects full-year capital expenditures of $4.0 billion to $4.5 billion, including the $4.9 billion contractual sale of gas project backlog.

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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