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Industrial gases firm Linde raises upper end of 2023 forecast

Jul 18, 2023Jul 18, 2023

April 27 (Reuters) - Linde, the world's largest industrial gases company, raised the upper end of its full-year earnings guidance on Thursday, citing higher pricing and continued productivity initiatives across all segments.

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 9-13% this year, after previously guiding for growth of 9-12%. (Reporting by Andrey Sychev and Bartosz Dabrowski in Gdansk; Editing by Milla Nissi)