Linde CEO Steve Angel said the company’s business model and ability to leverage any economic recovery has led to “stellar” quarter one (Q1) financial results, reported today (6th May).
“Linde employees delivered another strong quarter of financial results with operating profit margins expanding over 320 basis points, ROC improving to 14.5% and operating cash flow increasing 57%,” Angel said.
“In addition, EPS grew 32%, reaching a new record high of $2.49. The resiliency of our business model coupled with the ability to leverage any economic recovery has allowed Linde to continue delivering stellar results.”
He continued, “Looking ahead, I have confidence the company will continue to create significant shareholder value for years to come.”
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