Despite a challenging year dominated by the Covid-19 pandemic, Linde plc today reported better than expected fourth quarter (Q4) and full year 2020 results which saw the industrial gas giant grow its EPS 12% and operating cash flow 21%.
Linde reported income from continuing operations of $769m and diluted earnings per share of $1.45.
Excluding Linde AG purchase accounting impacts and other charges, adjusted income from continuing operations was $1.2bn, up 19% versus prior year and 7% sequentially.
Commenting on the financial results and business outlook, CEO Steve Angel said, “I want to personally thank all our dedicated Linde employees for ensuring a safe and reliable supply of critical gases and services to our customers and patients worldwide.”
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