Linde raises full-year earnings outlook after Q3 profit beat
Linde raises full-year earnings outlook after Q3 profit beat Oct 29 (Reuters) - Linde LIN.O, the world's largest industrial gases company, on Thursday raised its full-year earnings guidance and now expects adjusted earnings growth of 8% to 9% in 2026, excluding currency headwinds.
The US-German company is seen as a bellwether for industrial production as it supplies gases for a wide range of customers in industries such as chemicals, electronics, steel-making, and food and beverages.
For 2026, Linde expects adjusted diluted earnings per share of $17.82 to $17.92, compared with previously guided $17.70 to $17.90
For the fourth quarter, Linde expects adjusted EPS of $4.40 to $4.50, a rise of 5% to 7% from a year ago
In the third quarter, adjusted EPS rose 9% to $4.59, beating analysts' mean estimate of $4.52, according to LSEG data
Third-quarter sales also grew 9% to $9.4 billion
(Reporting by Bartosz Dabrowski in Gdansk, editing by Milla Nissi-Prussak)
((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))