02 March 2007 12:14 [Source: ICIS news]Correction: In the ICIS news story headlined "Linde doubles 2006 EBITDA on 41% higher sales" dated 2 March, please read the headline as "Linde doubles 2006 EBITDA on 31% higher sales…" instead of "...41% higher sales…"
LONDON (ICIS news)--Linde more than doubled its operating profits before depreciation and amortisation (EBITDA) in 2006 to €3.83bn ($5.04bn), the German industrial gases group said on Friday.
Sales increased by 31% to €12.44bn, with both figures benefiting from the acquisition of UK industrial gases group BOC during the financial year.
Excluding BOC earnings and adjustments for special items, EBITDA was up 10% to €1.88bn.
Sales increased by 10.6% adjusted for first time consolidation of BOC to €10.52bn.
Linde will present detailed information on the 2006 financial year at its annual press conference in on 12 March in Munich.
Group share’s rose 0.86% in early trading to €76.43 (09:34 GMT).
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