The Linde Group has achieved double-digit increases in sales and operating profit for the nine months to 30 September 2006, paving the way for sustainable success in the future with its sweeping reorganisation of the past few months.
“We have improved our operations in all areas. We have continued to grow and have become more profitable at the same time,” said Professor Wolfgang Reitzle, president of the executive board of Linde AG. “I am very confident that this trend will persist and that we will be able to exploit the huge opportunities for growth and synergies presented by the merger with BOC.”
Professor Reitzle also has a positive view of the prospects of the KION Group, which the Linde Group has established as a new umbrella company for its three brands, Linde, STILL and OM, in the field of forklift trucks and warehouse equipment: “In the past few months, this business segment has performed very well. In Europe, we are the undisputed number one and, at the same time, a technological leader. With more than 20,000 employees, the company is extremely well-positioned, irrespective of its future ownership structure.”
The Linde Group confirms its previous forecast for the whole year 2006. Group sales and earnings are expected to exceed prior year figures.
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