Linde Plc Stock Price, News & Analysis

Linde has announced a significant expansion of its industrial gas supply partnership with Samsung at their semiconductor manufacturing complex in Pyeongtaek, South Korea. As the main supplier of industrial gases to Samsung's Pyeongtaek facility, Linde will:

• Build, own and operate an eighth on-site air separation unit
• Supply nitrogen, oxygen, and argon from the new unit
• Provide hydrogen from existing production facilities

The expanded supply operations are scheduled to begin mid-2026. This development strengthens Linde's 45-year relationship with Samsung in South Korea, with Pyeongtaek being Linde's largest site for any electronics customer worldwide. The company's advanced technology ensures the delivery of high-purity gases essential for semiconductor manufacturing.

Linde (Nasdaq: LIN) has been recognized as one of the World's Most Ethical Companies® for 2025, marking its fifth consecutive year on Ethisphere's prestigious list. The company earned this distinction through exceptional performance across five core categories: ethics & compliance, culture, corporate citizenship & responsibility, governance, and third-party management.

Among 136 companies recognized across 19 countries and 44 industries, Linde's commitment to ethical business practices is reinforced by its comprehensive compliance program and Code of Business Integrity. CEO Sanjiv Lamba emphasized that integrity is fundamental to Linde's operations across more than 80 countries, creating sustainable value for all stakeholders.

The company's ethical leadership is further validated by its continued inclusion in both the World's Most Ethical Companies list and the Dow Jones Best-In-Class World Index.

Linde plc (Nasdaq: LIN) has secured a position in the S&P Global Sustainability Yearbook 2025, demonstrating its exceptional sustainability performance. The company ranked highest among industrial gases companies in an assessment of 7,690 businesses, placing in the top 15% for sustainable business practices.

Through its products and technologies, Linde helps customers avoid over 90 million metric tons of CO2 equivalents annually, which is more than double its own global emissions. The company's sustainability commitments include a 2035 science-based emissions reduction target and a 2050 climate neutrality ambition.

Linde maintains active participation in the United Nations Global Compact and holds positions in the FTSE4Good Index and Dow Jones Best-In-Class Indices.

Linde (Nasdaq:LIN) has scheduled the release of its first quarter 2025 financial results for Thursday, May 1, 2025, at 06:00 EDT/midday CEST. The company will host a conference call and webcast at 09:00 EDT/15:00 CEST on the same day.

The conference call will be accessible via US Toll-Free (1 888 770 7292) and UK Toll-Free (0800 358 0970) numbers using access code 6877110. A listen-only webcast will be available through the company's website. The web replay will be accessible on demand from 10:30 EDT/16:30 CEST on May 1, 2025.

Earnings release and presentation materials will be available at Linde's investor relations website.

Linde (Nasdaq:LIN) has announced an 8% increase in its quarterly dividend to $1.50 per share. This dividend increase marks the company's 32nd consecutive year of quarterly dividend growth. The dividend will be paid on March 27, 2025, to shareholders of record as of March 13, 2025.

Linde (LIN) reported strong Q4 and full-year 2024 results with stable performance. Full-year sales remained flat at $33.0 billion with underlying sales up 2%. The company achieved adjusted operating profit of $9.7 billion, up 7%, with margins expanding 190 basis points to 29.5%.

Q4 sales were $8.3 billion, with adjusted EPS of $3.97, up 11% YoY. The company maintained strong cash flow, returning $7.1 billion to shareholders through dividends and buybacks in 2024. The total project backlog stands at $10.4 billion.

For 2025, Linde projects adjusted EPS of $16.15-$16.55, representing 8-11% growth excluding currency effects. Q1 2025 guidance suggests adjusted EPS of $3.85-$3.95. Capital expenditure for 2025 is expected between $5-5.5 billion to support growth initiatives.

Linde (Nasdaq:LIN) has achieved a record number of new small on-site projects for nitrogen and oxygen supply for the fifth consecutive year. In 2024, the company secured 59 new long-term agreements to build, own, and operate 64 plants at customer sites.

The agreements span various end markets, with demand primarily driven by growth in electronics, including battery production for electric vehicles, as well as glass and metal manufacturers seeking emission reduction and efficiency improvements. These projects will utilize Linde's proprietary ECOVAR technology, designed for efficiency, adaptability, and reliability.

The projects meet Linde's investment criteria and are expected to quickly contribute to company growth while enhancing network density due to short execution timelines.

Linde (NASDAQ:LIN) has scheduled its fourth quarter 2024 financial results release for Thursday, February 6, 2025, at 06:00 EST/midday CET. The company will host a conference call and webcast at 09:00 EST/15:00 CET on the same day, available to the public and media in listen-only mode.

The earnings conference call will be accessible via US Toll-Free (1 888 770 7292) and UK Toll-Free (0800 358 0970) numbers using access code 6877110. A live webcast and replay will be available on Linde's investor relations website, along with the earnings release and presentation materials.