Lin Media Llc (LIN) (LIN)

[abrooklyn]

https://finance.yahoo.com/news/linde-plc-linde-reports-full-111000980.html

Linde Reports Full-Year and Fourth-Quarter 2023 Results

Full-Year Highlights

Sales $32.9 billion, down 2%, underlying sales up 5%

Operating profit $8.0 billion; adjusted operating profit $9.1 billion, up 15%

Operating profit margin 24.4%; adjusted operating profit margin 27.6%, up 390 basis points versus prior year

EPS $12.59; adjusted EPS $14.20, up 16%

Returned $6.4 billion to shareholders through dividends and share repurchases

Total project backlog of $8.5 billion

Fourth-Quarter Highlights

Sales $8.3 billion, up 5% YoY, underlying sales up 4%

Operating profit $2.0 billion, adjusted operating profit $2.3 billion, up 14%

Operating profit margin 24.4%; adjusted operating profit margin 27.4%, YoY up 210 basis points

EPS $3.16, up 18%; adjusted EPS $3.59, up 14%

2024 Guidance

First-quarter 2024 adjusted EPS guidance $3.58 - $3.68, represents 6%-9% growth ex. FX

Full-year 2024 adjusted EPS guidance $15.25 - $15.65, represents 8%-11% growth ex. FX