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.
Linde has signed agreements to acquire and operate two additional air separation units (ASUs) and expand industrial gas supply to Tata Steel in Odisha, India. The deal will more than double Linde's on-site capacity at Tata Steel's Kalinganagar facility, where it currently operates two plants. The new ASUs, expected to transfer in 2025, will supply oxygen, nitrogen, and argon to support Tata Steel's expansion project and serve the local merchant market. Linde has also secured renewable energy agreements to reduce Scope 2 emissions, aligning with its 2035 GHG reduction targets.
Linde (Nasdaq:LIN) has announced its schedule for the release of third quarter 2024 financial results. The company will disclose its earnings report on Thursday, October 31, 2024, at 06:00 EDT/11:00 CET. Following the release, Linde will host a conference call and webcast at 09:00 EDT/14:00 CET on the same day.
The conference call will be accessible to the public and media in listen-only mode. Interested parties can join via US Toll-Free (1 888 770 7292) or UK Toll-Free (0800 358 0970) numbers using the access code 6877110. A live webcast will also be available on the company's website. After the call, a web replay will be accessible on demand from 10:30 EDT/15:30 CET at Linde's investor relations page.
Linde (Nasdaq:LIN) has signed a long-term agreement to supply clean hydrogen to Dow's Fort Saskatchewan Path2Zero Project in Canada. The company will invest over $2 billion to build and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta. The complex will use autothermal reforming and Linde's proprietary HISORP® carbon capture technology to produce clean hydrogen and recover hydrogen from Dow's ethylene cracker off-gases.
The facility will supply clean hydrogen, nitrogen, and other services to support Dow's net-zero emissions integrated ethylene cracker and derivatives site. It will also provide clean hydrogen to other industrial customers for decarbonization. The complex will capture over 2 million metric tons of CO2 annually for sequestration. Set to be completed in 2028, it will be Canada's largest clean hydrogen production facility and one of the largest globally.
Linde plc (Nasdaq:LIN) reported strong second-quarter 2024 results, with sales reaching $8.3 billion, up 1% year-over-year, and underlying sales increasing by 3%. The company's adjusted operating profit rose 6% to $2.4 billion, with an adjusted operating profit margin of 29.3%, up 140 basis points. Adjusted earnings per share (EPS) grew 8% to $3.85. Linde's CEO, Sanjiv Lamba, highlighted the company's ability to grow its integrated industrial gas model while securing high-quality growth opportunities. For the full year 2024, Linde expects adjusted EPS to be in the range of $15.40 to $15.60, representing 9% to 11% growth year-over-year, excluding foreign exchange impacts.
Linde (Nasdaq: LIN) has been included in the FTSE4Good Index Series for the ninth consecutive year, recognizing its strong environmental, social, and governance (ESG) practices. The FTSE4Good Index, created by FTSE Russell, evaluates companies based on factors such as corporate governance, health & safety, anti-corruption, and climate change.
Linde's sustainability efforts have helped customers avoid approximately 91 million metric tons of carbon dioxide equivalent in 2023, which is more than double the company's own global emissions. Linde has set ambitious climate goals, including a 2035 science-based absolute GHG emissions reduction target and a 2050 climate neutrality ambition. The company has also announced new targets in water reduction and waste management.
Linde plc (Nasdaq: LIN) has announced a quarterly dividend of $1.39 per share for the third quarter of 2024. The dividend will be payable on September 18, 2024 to shareholders of record as of September 4, 2024. This declaration by the Board of Directors demonstrates Linde's commitment to returning value to its shareholders through consistent dividend payments. The announcement provides important information for current and potential investors regarding the company's dividend policy and upcoming payment schedule.
Linde (Nasdaq:LIN) has released its 2023 Sustainable Development Report, highlighting significant progress in sustainability initiatives. The company reduced its absolute greenhouse gas emissions by 4.4% compared to the 2021 baseline for its 2035 target. Linde helped customers avoid 91 million tons of CO2 equivalent, more than double its own emissions. The company saved 500 million gallons of water and diverted 250 million pounds of waste from landfills.
Linde introduced new sustainability commitments for 2024, including a $3 billion investment to decarbonize its operations, a 20% reduction in water withdrawal intensity at high-use sites in water-stressed areas, and expansion of its Zero Waste Program globally. The company also plans to implement sustainable development training across its workforce.
Linde (Nasdaq:LIN) has been recognized as a Top 50 company for diversity, equity, and inclusion by Fair360 (formerly DiversityInc). This marks Linde's first appearance on the Top 50 list after eight consecutive years as a 'Noteworthy Company'. The annual ranking evaluates 160 large U.S. employers across six categories, including leadership accountability, talent programs, and workplace practices.
Linde was also acknowledged in the Top Companies for Executive Women and Top Companies for Asian American Executives lists. Michelle Loo, Chief Diversity Officer at Linde, emphasized the company's commitment to creating an inclusive environment that supports employee development and drives business results. Inclusion is one of Linde's five core values, reflecting its dedication to building high-performance teams through diverse talent.
Linde (Nasdaq: LIN) will announce its second quarter 2024 financial results on Friday, August 2, 2024, by 06:00 EDT/midday CEST. The company will hold a conference call at 09:00 EDT/15:00 CEST, accessible to the public and media in listen-only mode. The US Toll-Free Dial-In Number is 1 888 770 7292, and the UK Toll-Free Dial-In Number is 0800 358 0970, with Access Code 6877110. A live webcast will be available at Linde's investor page. A web replay will be accessible from 10:30 EDT/16:30 CEST on the same day.
Linde plc (NASDAQ:LIN) reported first-quarter 2024 results with sales of $8.1 billion, down 1%, adjusted operating profit of $2.3 billion, up 6%, and adjusted EPS of $3.75, up 10%. The company expects full-year 2024 adjusted EPS to be in the range of $15.30 to $15.60, representing 8% to 10% growth year-over-year.
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