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engineering-sales-spur-linde-2-2bn-quarterly-profit
Linde's quarterly result was boosted by Americas and Engineering sales
engineering-sales-spur-linde-2-2bn-quarterly-profit
Linde's quarterly result was boosted by Americas and Engineering sales

Engineering sales spur Linde $2.2bn quarterly profit

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Linde reported a $2.2bn operating profit in the second quarter on the back of $8.3bn sales.

Sales were only up 1% year-on-year though, amid flat volume growth, but the overall result beat estimates.

Americas sales totalled $3.6bn (up 3% year-on-year), Asia-Pacific was down 2% to $1.66bn, and Europe, Middle East & Africa (EMEA) was also down 3% to $2bn.

Linde Engineering sales totalled $544m, up 10%, and order intake for the quarter was $336m with third-party sale of equipment backlog totalling $3.2bn.

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