Linde reports full-year and fourth-quarter 2024 results (earnings release tables attached)

Full-year highlights sales $33.0 billion, flat yoy, underlying sales up 2% operating profit $8.6 billion; adjusted operating profit $9.7 billion, up 7% operating profit margin 26.2%; adjusted operating profit margin 29.5%, up 190 basis points versus prior year eps $13.62 up 8%; adjusted eps $15.51, up 9% or 10% ex fx returned $7.1 billion to shareholders through dividends and share repurchases total project backlog of $10.4 billion fourth-quarter highlights sales $8.3 billion, flat yoy, underlying sales up 2% operating profit $2.3 billion, adjusted operating profit $2.5 billion, up 9% operating profit margin 27.4%; adjusted operating profit margin 29.9%, yoy up 250 basis points eps $3.60, up 14%; adjusted eps $3.97, up 11% or 13% ex fx 2025 guidance first-quarter 2025 adjusted eps guidance $3.85 - $3.95, represents 7%-9% growth ex. fx full-year 2025 adjusted eps guidance $16.15 - $16.55, represents 8%-11% growth ex.
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