Stock Pulse
Linde plc (LIN) met analyst expectations with full-year revenue of US$33 billion and EPS of US$13.62, with projections for 2025 at US$34 billion and US$15.15, respectively [2]. Despite meeting expectations, projected revenue growth is lower than historical and industry averages, presenting a potential growth challenge [2]. Q3 2024 results exceeded expectations, with sales up 2% year-over-year and adjusted EPS up 9% [4]. Linde secured its largest sale-of-gas project, strengthening its backlog and future growth prospects [4]. A dividend increase to $1.50 per share was announced [3], and the company was recognized for its strong ESG performance for the 22nd consecutive year [5]. While past performance and ROE are strong [1], [7], future earnings growth is expected to slow [1], [7]. Several insider stock transactions occurred, but these appear routine or pre-planned [11], [14], [15]. A record number of small on-site projects points to continued growth in key sectors [10].