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Home » UPDATE 1-Industrial gases firm Linde lifts annual outlook again

UPDATE 1-Industrial gases firm Linde lifts annual outlook again

    Linde, the world's largest industrial gases company, raised its full-year earnings guidance on Thursday for a third time this year, driven by its manufacturing and food and beverage units. The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, expects its adjusted earnings per share to grow by 14-15%, up from a previous guidance of 12-14%. The group reported quarterly adjusted earnings of $3.57 per share, up 15% on the year, in line with analysts' mean estimate according to LSEG data.

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