LIN Stock Recent News

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LIN to invest $400M in new ASU for Blue Point's low-carbon ammonia plant, boosting its Gulf Coast clean energy presence.

WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) today announced it has signed a new long-term agreement with Blue Point Number One, a joint venture between CF Industries, JERA and Mitsui & Co. Under the terms of the agreement, Linde will supply industrial gases to Blue Point's 1.4 million metric tons low-carbon ammonia plant in Ascension Parish, Louisiana. Linde will build, own and operate a world-scale air separation unit (ASU) to supply oxygen and nitrogen to the Blue Point project,.

WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) announced today it has published its 2024 Sustainable Development Report, outlining the company's progress towards meeting its sustainability goals. In 2024, Linde reduced its absolute greenhouse gas emissions by 6.2% compared to its 2021 baseline, in line with its 2035 emissions reduction target. This was achieved through a range of actions globally, including sourcing 47% of its total electricity consumption from low-carbon sources. Linde.

I reiterate a Buy rating for Linde plc with a fair value of $477 per share, anticipating long-term benefits from increased U.S. manufacturing facilities. Linde's Q1 results showed 1% organic revenue growth and 4.1% adj. operating profit growth, despite sluggish industrial production. Management's confidence in offsetting inflationary pressures through pricing and productivity programs, along with defensive revenue streams, supports a strong market position.

Construction and strategic initiatives at Lindian Resources Ltd’s flagship Kangankunde Rare Earths Project in Malawi continued apace during the March quarter. The company, which is positioning itself to play a pivotal role in the global critical minerals supply chain, closed out the quarter with A$4.2 million in cash and continued to assess multiple funding and offtake proposals for the project, following the execution of a US$50 million non-binding term sheet with Gerald Group in late 2024. With a strengthened team, secured funding pipeline, and active project delivery, Lindian remains on track to bring Kangankunde into production by 2026. Key infrastructure works progressed during the quarter, with leading European contractor Mota-Engil commencing construction on the site access road, which is now well ahead of schedule. Completed works include preparation of plant processing and storage areas, equipment laydown zones and administrative facilities. Lindian has also engaged local co

LIN's first-quarter earnings gain on higher pricing and increased volumes from the Americas segment.

Linde plc (LIN) Q1 2025 Earnings Call Transcript

WOKING, England--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) today reported first-quarter 2025 net income of $1,673 million and diluted earnings per share of $3.51, up 3% and 5% respectively. Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,880 million, up 3% versus prior year. Adjusted earnings per share was $3.95, 5% above prior year. Linde's sales for the first quarter were $8,112 million, flat versus prior year. Compared to prior year, underlying sal.