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Industrial gases firm Linde raises outlook after Q2 beats targets

2023-07-27 10:18
Linde, the world's largest industrial gases company, on Thursday raised its full-year earnings guidance after reporting second-quarter results
Industrial gases firm Linde raises outlook after Q2 beats targets

Linde, the world's largest industrial gases company, on Thursday raised its full-year earnings guidance after reporting second-quarter results above estimates.

The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, expects its adjusted earnings per share to grow by 12% to 14%, up from the previously guided 9-13% growth.

(This story has been corrected to fix the new EPS growth target in paragraph 2)

(Reporting by Andrey Sychev and Bartosz Dabrowski in Gdansk; Editing by Milla Nissi)