Industrial gases major The Linde Group has announced its financial performance for the 2014 financial year – with highlights including a 4.5% revenue increase totalling €17.047bn.
The company has continued to see positive trends in the 2014 financial year, achieving increases in both group operating profit and group revenue after adjusting for exchange rate effects. Operating cash flow exceeded the high figure achieved in 2013.
“Despite unfavourable conditions and adverse exchange rate effects, we have delivered a good performance in the past financial year,” said Dr Wolfgang Büchele, Chief Executive Officer of Linde AG. “We achieved growth in revenue and earnings, after adjusting for exchange rate effects, and once again an increase in operating cash flow. We are therefore in the gratifying position of being able to maintain our dividend policy which is geared towards continuity,” explained Büchele.
The Executive Board and Supervisory Board will propose a resolution at the Annual General Meeting that a dividend of €3.15 per share be paid. This is an increase of 5.0% compared with the prior-year dividend of €3.00.
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