Germany’s Linde nine-month operating profit grows 10.2%

28 October 2011 07:54  [Source: ICIS news]

SINGAPORE (ICIS)--German industrial gases firm Linde Group said on Friday its operating profit for the nine-month period ending 30 September 2011 increased by 10.2% year on year to €2.36bn ($3.37bn), with sales rising by 8.5%.

Sales increased to €10.2bn from €9.41bn in the same period last year, the company said in a statement.

Operating margins for January-September 2011 increased to 23.1% from 22.8% in the previous corresponding period, Linde said.

“The group still assumes that it will be able to achieve a higher level of group sales and group operating profit in the 2011 financial year than in 2010,” Linde said.

($1 = €0.70)


By: Pearl Bantillo
+65 6780 4359



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