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Linde Q1 Adj. Profit Rises - Quick Facts

Linde plc (LIN) reported that its adjusted income from continuing operations for the first-quarter was $1.01 billion, up 9% from the prior year. Adjusted earnings per share were $1.89, 12% above prior year, or 15% higher when excluding negative currency translation effects.

The company reported first-quarter 2020 income from continuing operations of $571 million and earnings per share of $1.07.

Linde's sales for the first quarter were $6.739 billion, 1% above prior year, excluding negative currency translation and cost pass-through. Price improved 2% and was attained across all geographic segments, but was partially offset by volume decrease of about 1% due mainly to the impact of the COVID-19 pandemic.

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