August 5, 2019 / 10:13 AM / 2 months ago

RPT-Linde raises 2019 earnings outlook for the second time this year

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Aug 5 (Reuters) - Linde plc , world’s largest industrial gases group, raised its full-year adjusted pro forma earnings per share outlook for the second time this year after April-June results beat expectations.

The supplier of gases such as oxygen, nitrogen and hydrogen to factories and hospitals said on Monday it now expected its EPS to grow between 12%-16% in 2019 to $6.95-$7.18, up from its previous outlook for an increase of 9% to 13%.

The company said its adjusted pro forma operating profit was $1.32 billion, exceeding analysts’ expectations of $1.29 billion. (Reporting by Piotr Lipinski in Gdynia)

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