Linde plc: linde reports full-year and fourth-quarter 2023 results (earnings release tables attached)

Linde reports full-year and fourth-quarter 2023 results full-year highlights sales $32.9 billion, down 2%, underlying sales up 5% operating profit $8.0 billion; adjusted operating profit $9.1 billion, up 15% operating profit margin 24.4%; adjusted operating profit margin 27.6%, up 390 basis points versus prior year eps $12.59; adjusted eps $14.20, up 16% returned $6.4 billion to shareholders through dividends and share repurchases total project backlog of $8.5 billion fourth-quarter highlights sales $8.3 billion, up 5% yoy, underlying sales up 4% operating profit $2.0 billion, adjusted operating profit $2.3 billion, up 14% operating profit margin 24.4%; adjusted operating profit margin 27.4%, yoy up 210 basis points eps $3.16, up 18%; adjusted eps $3.59, up 14% 2024 guidance first-quarter 2024 adjusted eps guidance $3.58 - $3.68, represents 6%-9% growth ex. fx full-year 2024 adjusted eps guidance $15.25 - $15.65, represents 8%-11% growth ex.
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