|Bid||193.86 x 900|
|Ask||193.89 x 800|
|Day's Range||192.57 - 193.98|
|52 Week Range||145.95 - 206.82|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||20.02|
|Forward Dividend & Yield||3.50 (1.80%)|
|1y Target Est||197.44|
Linde Plc executive Bernd Eulitz will become the next chief executive of German brake manufacturer Knorr Bremse, the company said on Wednesday. Knorr Bremse has been looking for a new boss since the departure in April of Klaus Deller, who in 2018 listed the company on Frankfurt's stock market with an initial value of 12.9 billion euros ($14.24 billion). "Mr. Eulitz will lead the company with strategic foresight through the dynamic market environment", supervisory board chairman Klaus Mangold said in a statement.
Bullish chart patterns are becoming difficult to find, but active traders seem to be turning to the materials sector for good reason.
Linde, the world's biggest industrial gases group, has taken a 10% stake in Hydrospider AG, a Swiss producer and supplier of hydrogen derived from renewable energy sources, Hydrospider said on Thursday. Hydrospider is currently building a plant to turn electricity from a hydroelectric station run by Swiss utility Alpiq into hydrogen for trucks to be built by a joint venture of Hyundai Motors and Swiss group H2 Energy. Alpiq and H2 Energy each own 45% in Hydrospider, whose site will start commercial operations by the end of the year.
Asia's hydrogen gas demand will rise as the region's oil refineries use the gas to produce low-sulphur fuel to meet new environmental regulations, the head of the world's largest industrial gas producer said on Tuesday. "The demand for hydrogen has grown steadily over the years at a much faster rate than GDP growth," Linde Plc's Chief Executive Officer Steve Angel told Reuters ahead of the groundbreaking ceremony for Linde's $1.4-billion gas project on Singapore's Jurong Island.
Asia's hydrogen gas demand will rise as the region's oil refineries use the gas to produce low-sulphur fuel to meet new environmental regulations, the head of the world's largest industrial gas producer said on Tuesday. "The demand for hydrogen has grown steadily over the years at a much faster rate than GDP growth," Linde Plc's Chief Executive Officer Steve Angel told Reuters ahead of the groundbreaking ceremony for Linde's $1.4-billion gas project on Singapore's Jurong Island. The project is Linde's biggest investment globally and will quadruple its gas capacity in Singapore.
Financial Highlights - Sales $7.2 billion, ex. FX +4% versus prior year and +5% sequentially - Operating profit margin 9.3%, adjusted pro forma operating profit margin 18.4% - EPS $0.94, adjusted pro forma ...
NEW YORK, NY / ACCESSWIRE / August 5, 2018 / Linde Plc (NYSE: LIN ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 5, 2018 at 9:00 AM Eastern Time. ...
Linde plc , world's largest industrial gases group, beat forecasts with its second-quarter results and raised its full-year outlook for the second time this year, despite challenging business conditions and economic uncertainties. The supplier of gases such as oxygen, nitrogen and hydrogen to factories and hospitals said on Monday it now expected its adjusted pro forma earnings per share to grow between 12% and 16% in 2019 to $6.95-$7.18, up from its previous outlook for an increase of 9% to 13%. The company reported adjusted pro forma operating profit rose 6% from a year ago to $1.32 billion, helped by volumes and price increases over the quarter, while pro forma sales were steady at $7.18 billion.
Shares of Linde PLC surged 1.9% in premarket trading Monday, after the industrial gases company reported a second-quarter profit and sales that topped expectations and provided an upbeat full-year outlook. Net income was $522 million, or 96 cents a share, after earnings of $480 million, or $1.65 a share, in the year-ago period. Excluding non-recurring items, such as effects of the Praxair merger, adjusted EPS rose 12% to $1.83, above the FactSet consensus of $1.74. Sales rose to $7.20 billion from $3.04 billion, or from $7.18 billion on a pro forma basis, to beat the FactSet consensus of $7.05 billion. Pro forma sales growth was driven by a 4% increase in volume and 2% growth in pricing. For 2019, the company expects adjusted EPS of $6.95 to $7.18, compared with the FactSet consensus of $6.95. The stock has rallied 20.3% year to date through Friday, while the S&P 500 has gained 17.0%.
Linde , the world's largest provider of industrial gases, blew away expectations with increased profits in the second quarter. The company, which is now the largest provider of industrial gases, was born out the merger between the Germany-based Linde and Praxair of the U.S. Linde said will be in the range $6.95 to $7.18 a share for the full year, which would mean an increase in profits of up to 16%.
GUILDFORD, UK / ACCESSWIRE / August 1, 2019 / Linde (LIN)(LIN) announced today it has started up a new gas production facility supplying methane, hydrogen and carbon dioxide to Evonik Industries' second world-scale methionine complex on Jurong Island in Singapore. The new plant complements an existing facility which has been supplying these gases to Evonik's first methionine complex in Singapore since 2014. The new, integrated facility incorporates Linde's advanced technologies which increase plant efficiency, reliability and environmental sustainability.
GUILDFORD, UK / ACCESSWIRE / July 30, 2019 / Linde (NYSE: LIN; FWB: LIN) announced today it has started up its new air separation plants to supply a combined 720 tons per day of high purity nitrogen to ...
GUILDFORD, UK / ACCESSWIRE / July 26, 2019 / Linde plc (NYSE: LIN; FWB: LIN) announced its Board of Directors has declared a quarterly dividend of $0.875 per share. The dividend is payable on September ...
Linde Announces Second Quarter 2019 Earnings and Conference Call Schedule GUILFORD, UK / ACCESSWIRE / July 24, 2019 / Linde (NYSE: LIN; FWB: LIN) will release its second quarter 2019 financial results ...