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January to June 2014: Linde proves its stability despite unfavourable exchange rate effects

Release Date: 29 Jul 2014
In the first half of 2014, the technology company The Linde Group generated virtually the same amount of revenue as in the first half of 2013. Group operating profit was not quite as high as in the prior-year period. "We have proved our stability, although reported growth was again hampered by unfavourable exchange rate effects," said Dr Wolfgang Büchele, Chief Executive Officer of Linde AG.

Linde believes that it is still on track for the full year 2014 and confirms its previous outlook: "In the current financial year, we expect to achieve solid growth in revenue and a moderate improvement in Group operating profit - after adjusting for exchange rate effects," continued CEO Büchele.

In the first half of 2014, Linde generated Group revenue of EUR 8.212 bn (2013: EUR 8.207 bn), up 5.6 percent after adjusting for exchange rate effects. Group operating profit was EUR 1.896 bn (2013: EUR 1.966 bn), up 1.7 percent after adjusting for exchange rate effects.
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