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Linde AG (LING.DE)

LING.DE on Xetra

22 Sep 2017
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€-1.85 (-1.11%)
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Latest Key Developments (Source: Significant Developments)

Linde proposes Wolfgang Reitzle as chairman of supervisory board
Monday, 8 Feb 2016 03:59am EST 

Linde AG:Proposes to elect Wolfgang Reitzle as chairman of its supervisory board effective May 21.  Full Article

Linde AG, Univation to cooperate on polyethylene plant, cracker integration
Wednesday, 27 Jan 2016 07:00am EST 

Linde AG:Univation Technologies and Linde Group to cooperate on advancing polyethylene plant and cracker integration.Parties expect that this exclusive partnership will deliver measurable benefits to resin producers globally​.  Full Article

Linde says PEMEX extends contract for nitrogen supply with Linde
Wednesday, 13 Jan 2016 07:00pm EST 

Linde AG:PEMEX extends contract for nitrogen supply with Linde.Contract runs through 2027.  Full Article

Linde buys U.S.-based respiratory therapies specialist
Monday, 7 Dec 2015 03:30am EST 

Linde AG:To acquire U.S.-based American HomePatient from Highland Capital Management LP.Acquisition will expand Linde subsidiary Lincare's customer base to significantly more than 1,000,000 patients in the U.S.Completion of the acquisition of American HomePatient is subject to regulatory approval and other customary closing conditions.Acquisition of American HomePatient is expected to close in Q1 2016.  Full Article

Linde AG says petrochemicals sector shies away from investments - Reuters
Monday, 30 Nov 2015 09:23pm EST 

Linde AG:Linde's customers in the petrochemicals sector are hesitant to make investment decisions, hurting the German industrial group's business, its chief executive said - RTRS."There are no cancellations, but customers are shying away from signing new orders," Wolfgang Buechele said in a telephone conference on Tuesday - RTRS.He said orders should improve in early 2016 but would likely not yet reach levels seen in the past. Should the situation not improve, there will be job cuts in the engineering business, he added - RTRS.Linde cut its 2017 profit target late on Monday, citing slower industrial production growth weighing on its industrial gases unit and sending its shares sharply lower on Tuesday morning.  Full Article

Linde AG lowers FY 2017 outlook
Monday, 30 Nov 2015 02:00pm EST 

Linde AG:Operating profit for 2017 of 4.5 billion to 4.7 billion euros is not achievable and is expected to come in between 4.2 billion to 4.5 billion euros.Engineering division will contribute less to group operating profit than originally planned in 2017.FY 2017 opearting profit 2,431 million euros - Thomson Reuters I/B/E/S.  Full Article

Linde confirms FY 2015 outlook
Wednesday, 28 Oct 2015 02:30am EDT 

Linde AG:Outlook for FY 2015 confirmed.Anticipates FY 2015 revenue of between 17.9 billion euros and 18.5 billion euros.Expects to achieve increase in operating profit (after adjusting for above mentioned non-recurring items) in FY 2015 to between 4.1 billion euros and 4.3 billion euros.FY 2015 revenue 18.154 billion euros - Thomson Reuters I/B/E/S.  Full Article

Linde to supply technology to gas plant in Russian Far East
Thursday, 22 Oct 2015 08:00pm EDT 

Linde AG:Says have been chosen by Gazprom to build gas liquefication facility in the Amur-region.Says negotiations on details ongoing.  Full Article


Norway's $1 trillion wealth fund backs Linde-Praxair deal

OSLO The proposed $74 billion tie-up of German industrial gases group Linde and U.S. peer Praxair got a boost on Tuesday when the world's biggest sovereign wealth fund said it was backing the deal.