The industrial gas company reports record Q2 sales and EPS growth while expanding its backlog despite $1.3 billion in 2026 project start-ups.
Linde plc updated its full-year earnings per share guidance to a range of $17.70 to $17.90, reflecting strong Q2 performance. The company reported record sales and EPS, both growing at near double-digit percentages during the quarter.
The backlog increased by $1 billion to a record $8.1 billion, despite $1.3 billion in project start-ups slated for 2026. This growth underscores robust demand in the industrial gas sector.
Management highlighted continued operational strength, with no immediate market reaction noted in the earnings call.