30 April 2015
DETAILS
In the first quarter of 2015, the technology company
The Linde Group benefited significantly
from the weakness of the euro, which led to
increases in its Group revenue and operating profit.
The very positive trend in operating cash flow
also continued in the first three months of the financial year.
-
January to March 2015:
-
Weak euro results
in significant growth in revenue of 8.7 percent
to EUR 4.398 bn -
Group operating profit1 up 9.0 percent
to EUR 1.010 bn due to currency movements -
Operating cash flow increases
by 24.6 percent to EUR 740 m
-
-
Group outlook for 2015 confirmed:
-
Group revenue is forecast to rise
to between EUR 18.2 bn and EUR 19.0 bn -
Group operating profit of between
EUR 4.1 bn and EUR 4.3 bn is expected
-
Dr Wolfgang Büchele,
Chief Executive Officer of Linde AG.
"In some regions of the world, industrial production
was much lower in the first few months of the year than
we had expected. However, this was more than offset
by positive exchange rate effects,"
"As anticipated, the low price of oil has resulted
in a cautious investment climate
in large-scale plant construction,"
VIEW LINDE Q1 2015 RESULTS PRESENTATION
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