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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