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LIN / Linde Q3: Stellar Execution Despite Macro Weakness; $15 Billion Of New Buybacks Announced

Linde Q3: Stellar Execution Despite Macro Weakness; $15 Billion Of New Buybacks Announced
On October 26, 2023, Linde released Q3 results with sales missing street consensus and down 7% YoY due to diminishing cost pass-through effects and a weak macro environment. Adjusting for cost pass-through and FX effects, underlying sales were up 3% YoY, driven by pricing and favorable mix, leading to a 550bps operating margin expansion vs. Q3 2022. Performance in EMEA was particularly strong with 820bps YoY margin expansion, cutting down the legacy EMEA/APAC assets margin gap vs. Americas segment to 1.3%. Read More
Posted: Oct 30 2023, 02:59
Author Name: Seeking Alpha
Views: 112512

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Linde Q3: Stellar Execution Despite Macro Weakness; $15 Billion Of New Buybacks Announced

By Seeking Alpha
October 30, 2023

Linde Q3: Stellar Execution Despite Macro Weakness; $15 Billion Of New Buybacks Announced

On October 26, 2023, Linde released Q3 results with sales missing street consensus and down 7% YoY due to diminishing cost pass-through effects and a more_horizontal

Linde plc (LIN) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 26, 2023

Linde plc (LIN) Q3 2023 Earnings Call Transcript

Linde plc (NYSE:LIN ) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Corporate Participants Juan Pelaez - Head, Investor Relations Sanji more_horizontal

Linde (LIN) Gears up to Report Q3 Earnings: What's in Store?

By Zacks Investment Research
October 23, 2023

Linde (LIN) Gears up to Report Q3 Earnings: What's in Store?

Linde's (LIN) Q3 earnings are expected to have benefited from higher industrial production during the quarter. more_horizontal

Linde (LIN) Rises As Market Takes a Dip: Key Facts

By Zacks Investment Research
October 13, 2023

Linde (LIN) Rises As Market Takes a Dip: Key Facts

In the closing of the recent trading day, Linde (LIN) stood at $377.89, denoting a +0.05% change from the preceding trading day. more_horizontal

Here's Why Linde (LIN) Gained But Lagged the Market Today

By Zacks Investment Research
October 9, 2023

Here's Why Linde (LIN) Gained But Lagged the Market Today

Linde (LIN) closed at $373.73 in the latest trading session, marking a +0.05% move from the prior day. more_horizontal

Linde Announces Third Quarter 2023 Earnings and Conference Call Schedule

By Accesswire
October 4, 2023

Linde Announces Third Quarter 2023 Earnings and Conference Call Schedule

WOKING, UK / ACCESSWIRE / October 4, 2023 / Linde (NYSE:LIN) will release its third quarter 2023 financial results by 06:00 EDT/midday CEST on Thursda more_horizontal

Don't Miss the Boom: 3 Materials Stocks Set to Explode Higher

By InvestorPlace
September 28, 2023

Don't Miss the Boom: 3 Materials Stocks Set to Explode Higher

In these moments of the market where volatility is returning to its territory, it is when good investment opportunities arise because there are good d more_horizontal

Linde: Best Of Breed Defensive Growth Plus Hydrogen Upside Make It A Buy

By Seeking Alpha
September 15, 2023

Linde: Best Of Breed Defensive Growth Plus Hydrogen Upside Make It A Buy

Linde plc is the global leader in industrial gases with a 33% market share and FY22 revenues of more than $33bn. The company has strong pricing power more_horizontal


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