Oxygen maker Linde raises earnings guidance

Business | 6 May 2021 6:54 pm

Linde , the world's largest industrial gases company, raises its 2021 earnings forecast on Thursday, as a strong performance in its healthcare and electronics businesses helped it beat first quarter forecasts, Reuters reports.

The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, now expects adjusted earnings per share of US$9.60-US$9.80, up 17-19 percent year-on-year.

It had previously guided for adjusted earnings per share up 11-13 percent to US$9.10 to US$9.30 for 2021.



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