Linde Reports Higher Profit in 1Q
May 10 2019 - 6:49AM
Dow Jones News
By Kimberly Chin
Linde PLC (LIN) said profit rose 12% in the first quarter on
higher revenue.
Net income for the industrial gases and engineering company was
$517 million, or 94 cents a share, up from $462 million, or $1.59 a
share, a year earlier. Analysts surveyed by FactSet expected
earnings of $1.60.
Revenue more than doubled from a year ago to $6.94 billion.
Analysts were expecting $7.1 billion.
Praxair Inc. and Linde AG completed their merger to become Linde
PLC around the end of last year.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
May 10, 2019 06:34 ET (10:34 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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