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.
Exchange rate effects were noticeable on the group’s Gases Division too, but underlying performance was relatively solid.
For its Engineering Division, however, the sustained low oil price is clearly still having a noticeable effect on performance – highlighting just one of the effects of this trend on the industrial gases industry.
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