Linde Plc Stock Price, News & Analysis

Linde has signed a significant long-term agreement with Blue Point Number One to supply industrial gases to their 1.4 million metric ton low-carbon ammonia facility in Louisiana. Linde will invest over $400 million to build, own, and operate a world-scale air separation unit (ASU) that will provide oxygen and nitrogen to the project. The facility, set to start operations in 2029, will be the largest ASU in southeast Louisiana's Mississippi River corridor. Blue Point Number One, a joint venture between CF Industries, JERA, and Mitsui & Co, aims to establish a reliable low-carbon ammonia value chain. This marks Linde's third state-of-the-art ASU supporting a major autothermal reforming plant, following similar projects in Texas and Canada, further strengthening their U.S. Gulf Coast industrial gases infrastructure.

Linde (Nasdaq: LIN) has released its 2024 Sustainable Development Report, highlighting significant progress in sustainability initiatives. The company achieved a 6.2% reduction in absolute greenhouse gas emissions compared to its 2021 baseline, aligning with its 2035 emissions reduction target. Key achievements include sourcing 47% of electricity from low-carbon sources and helping customers avoid over 96 million metric tons of CO2 equivalent - more than double Linde's own operational emissions. The company also implemented over 800 community engagement projects in 2024. The report marks the first year of reporting against newly announced commitments, demonstrating Linde's commitment to sustainable practices and innovative solutions for stakeholders.

Linde (NYSE: LIN) reported strong Q1 2025 results with flat sales of $8.1 billion but improved profitability. Key highlights include:

- Adjusted EPS of $3.95, up 5% YoY (8% excluding FX) - Operating profit margin of 26.9%; adjusted operating profit margin of 30.1% (+120 bps) - Operating cash flow of $2.2 billion, up 11% - Returned $1.8 billion to shareholders through dividends and buybacks

Segment performance varied: Americas sales grew 3%, while APAC and EMEA declined 3% each. The company maintained its industry-leading return on capital of 25.7%. For full-year 2025, Linde projects adjusted EPS of $16.20-$16.50, representing 4-6% growth (6-8% ex-FX), with planned capital expenditures of $5.0-5.5 billion.

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.