Welcome to our dedicated page for Linde Plc news (Ticker: LIN), a resource for investors and traders seeking the latest updates and insights on Linde Plc stock.
Linde plc (Nasdaq: LIN) is a global industrial gases and engineering company whose activities generate frequent, detailed news for investors and industry followers. Company communications describe Linde as a leading player in industrial gases and gas processing solutions, serving end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, and metals and mining.
News about LIN commonly includes quarterly earnings releases that summarize sales, operating profit, earnings per share, cash flow and segment performance across the Americas, Asia Pacific and EMEA gas businesses, as well as Linde Engineering. These releases often discuss pricing, volumes, end‑market trends and the status of long‑term sale‑of‑gas project backlogs, along with capital expenditures to support growth and maintenance.
Investors can also expect regular announcements of dividend declarations, outlining per‑share amounts and key dates, as well as updates on capital allocation, such as share repurchases. Governance and leadership developments are reported through both press releases and Form 8‑K filings, covering board appointments, executive role changes and succession plans.
Beyond financial and governance topics, Linde’s news flow highlights its role in the energy transition and foundational industries. Examples include contracts and projects related to clean hydrogen, carbon capture systems, low‑carbon ammonia facilities, and support for the space economy through the supply of liquid oxygen, nitrogen and argon for rocket launches and spacecraft manufacturing. The company also appears in partner announcements, such as long‑term helium storage arrangements at specialized underground storage caverns.
This news page aggregates such updates so readers tracking LIN stock can follow earnings, dividends, financing actions, leadership changes and project‑related developments in one place.
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Linde (NYSE:LIN) reported strong third-quarter results for 2021, achieving $7.7 billion in sales, a 12% increase year-over-year. The company posted an operating profit of $1.3 billion and an adjusted operating profit of $1.8 billion, up 19%. Earnings per share (EPS) reached $1.88, a 42% increase, while adjusted EPS was $2.73, reflecting a 27% growth. Operating cash flow was robust at $2.6 billion, a 36% rise. Linde raised its full-year EPS guidance to $10.52 - $10.62, indicating strong growth potential for the year.
Linde plc (NYSE:LIN) has declared a quarterly dividend of $1.06 per share, payable on December 17, 2021 to shareholders of record by December 3, 2021. This decision reflects Linde's commitment to providing returns to its investors while continuing to drive growth in its industrial gases and engineering sectors. In 2020, Linde achieved sales of $27 billion and serves diverse markets including healthcare and electronics. The company aims to enhance productivity and sustainability through innovative solutions.
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Linde (NYSE:LIN) has appointed Sanjiv Lamba as the new Chief Executive Officer, effective March 1, 2022, succeeding Steve Angel, who will become Chairman of the Board, replacing Wolfgang Reitzle. Lamba, who joined Linde as Chief Operating Officer in October 2020, has over 30 years of experience and has held various roles, including Executive Vice President for APAC and Managing Director for India. This leadership transition aims to continue Linde's strategic direction and operational excellence.
Linde has launched a new hydrogen production facility in Texas, enhancing its U.S. Gulf Coast capacity to approximately 1.5 billion cubic feet per day. The facility supplies high-purity hydrogen to the Phillips 66 Sweeny Refinery under a long-term agreement and connects to a 600-kilometer hydrogen pipeline. This expansion reflects Linde's commitment to supporting growing hydrogen demands while maintaining reliable supply systems. Despite macroeconomic challenges, the project was completed on budget, underscoring Linde's leadership in the clean hydrogen transition.
Linde (NYSE:LIN) will announce its third quarter 2021 financial results on October 28, 2021, at 06:00 EDT. A conference call will be held at 10:00 EDT, accessible to the public in a listen-only format. Investors can call in using specific toll-free numbers based on their location. The earnings release and related materials will be available on the company’s investor relations page. Linde, with 2020 sales of $27 billion, provides high-quality industrial gases across various sectors including healthcare and manufacturing.
Linde has been included in the FTSE4Good Index for the sixth consecutive year, recognized for its strong sustainability practices. This index, managed by FTSE Russell, evaluates over 7,200 companies against stringent environmental, social, and governance (ESG) criteria aligned with the UN Sustainable Development Goals. Linde's commitment to sustainability is highlighted by its initiatives to enhance customer environmental performance and internal ESG efforts. In 2020, Linde reported sales of $27 billion, serving various sectors including healthcare and manufacturing.
Linde (NYSE: LIN) announced plans to expand its air separation plant in Mims, Florida, increasing production capacity by nearly 50% to meet growing demand for industrial gases across various sectors like aerospace and healthcare. This expansion, expected to be completed in 2023, follows a previous project that doubled capacity in 2020. The company aims to enhance supply for contracts related to space launch propellant and other industries, highlighting its commitment to safe and reliable service.
Linde has entered a long-term agreement with a major semiconductor manufacturer to supply industrial gases for a new $600 million manufacturing facility in Phoenix, Arizona. Linde will construct and operate on-site plants to deliver ultra-high-purity nitrogen, oxygen, and argon, tailored to the semiconductor industry’s stringent requirements. The initial phase of operations is scheduled to commence in the second half of 2022. This partnership is expected to significantly bolster the manufacturing capacity of the customer in the U.S., aligning with Linde’s mission to enhance productivity across various sectors.