Linde reports Q4 adjusted EPS $3.59, consensus $3.49

Reports Q4 revenue $8.3B, consensus $8.08B. Commenting on the financial results and business outlook, CEO Sanjiv Lamba said, “Despite the challenging environment in 2023, the Linde team once again delivered industry leading results including a 25.4% ROC, 27.6% operating margin and EPS growth rate of 16%. In addition, we closed the year with a strong balance sheet and a high-quality project backlog of $8.5 billion which will contribute earnings growth for years to come.” Lamba continued, “Looking ahead, the geopolitical and macro environment remain uncertain. However, we are well positioned to win more than our fair share of high-quality projects and again create shareholder value by leveraging all of the opportunities that lie ahead.”