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The Investor 31 Oct 2025, 17:14
Linde Delivers Record EPS and Strong Cash Flow in Q3 2025

Linde (Nasdaq: LIN) reported third-quarter 2025 sales of $8.6 billion, up 3% year-on-year, with adjusted operating profit rising 3% to $2.6 billion and margins reaching 29.7%. Adjusted EPS increased 7% to $4.21, a company record, supported by higher pricing and strong productivity. Operating cash flow rose 8% to $2.9 billion, while $1.7 billion was returned to shareholders. The company expects Q4 adjusted EPS between $4.10 and $4.20 and full-year EPS of $16.35–$16.45, reflecting 5–6% annual growth.

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