The Linde Group has delivered increases in both group revenue and operating profit in its 2016 financial results released today, hampered only by the lower contribution from its Engineering Division and adverse exchange rate effects.
The impact of exchange rate effects took its toll on the group’s Gases Division, as did changes in the price of natural gas, but its core business still demonstrated solid underlying performance in 2016, with stronger showings in the North America and Asia-Pacific markets (on a comparable basis) in particular.
Here, gasworld looks at the breakdown of those results as announced by Linde.
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