The Linde group is on track to meet its goals and continue to achieve sustainable profitable growth.
By the end of June its sales were up 8.3 per cent to 4.464 billion euros with a 20.4 per cent improvement in operating profit. Sales outside Germany increased 3.1 per cent to 928 million euros. Incoming orders were 6.4 per cent higher than the same period last year at 4.84 billion euros.
And it says it expects an increase in sales and earnings for the whole year. Dr Wolfgang Reitzle said: We are well on our way. In all areas, we are in a better position than we were a year ago and we have created the conditions which will enable us to meet the goals we have set for the current year and continue to be successful in implementing our strategy to achieve sustainable profitable growth.
All of the group’s business segments contributed to the overall positive business trends. The highest growth rate was achieved by the on-site business, which supplies industrial gases to major industrial customers from plant situated directly on the user’s site, where sales rose 24.4 per cent to 474 million euros.
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