“We are welI on our way and keeping pace”, was the message at a press briefing in Frankfurt, from the Linde Group.
Dr. Wolfgang Reitzle, President and CEO of the group gave a positive assessment of their prospects at the press briefing on Linde’s annual results in Frankfurt am Main, “We anticipate that Group sales and earnings in the current fiscal year 2005 will once again exceed those of the previous year. However, the growth in earnings may be somewhat slower than in 2004.”
Based on Linde’s business performance in the first two months of 2005, Linde believes that it is “on course”. At the end of February, Group sales have increased by 9.3% over the previous year to €1,313 billion and incoming orders had risen 10.4% to €1,544 billion.
By division, Linde Gas achieved an 8% increase, while sales in the Linde Engineering Division “leapt” from €120 million to €163 million. The incoming orders for Engineering also showed a rise of 18.2. In the Material Handling Division, sales increased by 4.3% and incoming orders have risen by 10.4% to €1,544 billion.
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