Lindian Resources Limited| ASX: LIN | www.lindianresources.com.au | ACN 090 772 222 Kangankunde Rare Earths Project Iluka Eneabba Rare Earths Refinery For personal use only Not for release to US wire services or distribution in the United States Kangankunde Rare Earths Project Corporate Presentation Institutional Placement and Final Investment Decision 20 August 2025 Lindian Resources Limited| ASX: LIN | www.lindianresources.com.au | ACN 090 772 222 11 IMPORTANT INFORMATION Disclaimer The material in this p ...

Core Insights - Linde reported strong Q2 2025 earnings, with non-GAAP EPS of $4.09, exceeding analyst expectations of $4.03, and operating profit margins improved despite softness in key industrial markets [1][4] - The company continues to focus on technological leadership, energy cost management, and building a resilient revenue stream through long-term contracts [3][7] Financial Performance - Q2 2025 GAAP revenue increased by 3.0% year over year to $8.49 billion, surpassing expectations, while adjusted non-GAAP EPS rose by 6.0% [4] - Operating profit margin improved to 30.1%, up 0.8 percentage points from the previous year, reflecting effective pricing and productivity strategies [4][6] - Operating cash flow increased by 15% year over year to $2.21 billion, with free cash flow at $954 million after capital expenditures of $1.26 billion [8] Segment Performance - The Americas region generated $3.81 billion in sales, up 4% year over year, supported by a 3% price increase [5] - EMEA revenue reached $2.16 billion, up 3%, with a 4% decline in volumes offset by higher pricing [5] - Asia-Pacific sales remained flat at $1.66 billion, with manufacturing volume weakness partially balanced by steady pricing [5] Strategic Initiatives - Linde's pricing strategy led to global price increases averaging 2% in Q2 2025, contributing to improved operating margins across all regions [6] - The company has a sale-of-gas backlog of $7.1 billion and a $3.2 billion equipment backlog in its engineering division [6] - Linde is advancing its clean energy initiatives, with significant investments in hydrogen and carbon capture projects, estimating $8–10 billion in clean energy projects over the next few years [7] Shareholder Returns - The company returned $1.81 billion to shareholders through dividends and buybacks in Q2 2025, with an 8% increase in the quarterly dividend, marking 32 consecutive years of increases [8] Future Outlook - Linde provided Q3 2025 adjusted EPS guidance of $4.10 to $4.20, indicating 4% to 7% year-over-year growth, and FY2025 adjusted EPS guidance of $16.30 to $16.50, representing 5% to 6% annual growth [9] - Management remains cautious about macroeconomic conditions, particularly in manufacturing and industrial sectors, with no near-term recovery expected in China or Europe [10]

Key Takeaways LIN's Q2 EPS rose to $4.09 from $3.85 and revenue hit $8.5B, beating consensus on both fronts.Americas profit grew 4.3% to $1.21B, driven by higher pricing and volume in chemicals & energy markets.EMEA profit jumped 10.8% to $780M, led by higher pricing despite lower volumes in metals & manufacturing.Linde plc (LIN) reported second-quarter 2025 adjusted earnings per share (EPS) of $4.09, which surpassed the Zacks Consensus Estimate of $4.03. The bottom line also improved from the year-ago quar ...

Core Insights - Linde reported revenue of $8.5 billion for the quarter ended June 2025, reflecting a year-over-year increase of 2.8% and surpassing the Zacks Consensus Estimate of $8.35 billion by 1.7% [1] - The company's EPS for the quarter was $4.09, an increase from $3.85 in the same quarter last year, also exceeding the consensus EPS estimate of $4.03 by 1.49% [1] Revenue Breakdown - Sales in the Americas reached $3.81 billion, slightly above the estimated $3.8 billion, marking a year-over-year increase of 4.3% [4] - EMEA sales were reported at $2.16 billion, exceeding the average estimate of $2.12 billion, with a year-over-year change of 3.4% [4] - Sales from Other regions totaled $315 million, slightly below the estimated $317.93 million, representing a year-over-year decline of 1.6% [4] - Engineering sales amounted to $551 million, compared to the average estimate of $567.47 million, showing a year-over-year increase of 1.3% [4] - APAC sales were reported at $1.66 billion, slightly above the estimated $1.62 billion, with a year-over-year change of -0.1% [4] Stock Performance - Linde's shares have returned -3.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38730 LINDE PLC (Exact name of registrant as specified in its charter) | Ireland | 98-1448883 | | --- | --- | | (State or other jurisdiction of incorporation) | (I.R.S. Employer Identification No.) | | 10 Riverview Drive, | Forge | | Danbury, Connecticut | 43 Church ...

Linde (LIN) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Company ParticipantsJuan Pelaez - VP - IRSanjiv Lamba - CEO & Member of Board of DirectorsMatt White - EVP & CFODavid Begleiter - Managing DirectorVincent Andrews - Managing DirectorLaurent Favre - Managing DirectorMichael Sison - Managing DirectorJohn Roberts - Managing DirectorJosh Spector - Executive Director - Chemicals Equity ResearchKevin McCarthy - PartnerJames Hooper - Vice PresidentChristopher Parkinson - Managing DirectorConference Call ...

Linde (LIN) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Speaker0Ladies and gentlemen, good day and thank you for standing by. Welcome to the Linde Second Quarter twenty twenty five Earnings Call and Webcast. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question and answer session.And I would now like to hand the conference over to Mr. Juan Palaez, Head of Investor Relations. Plea ...

August 1, 2025 Linde plc Investor Teleconference Presentation Second Quarter 2025 Forward-Looking Statement This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified by terms and phrases such as: anticipate, believe, intend, estimate, expect, continue, should, could, may, plan, project, predict, will, potential, forecast, and similar expressions. They are based on management's reasonable exp ...

Company Performance - Linde reported quarterly earnings of $4.09 per share, exceeding the Zacks Consensus Estimate of $4.03 per share, and up from $3.85 per share a year ago, representing an earnings surprise of +1.49% [1] - The company posted revenues of $8.5 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.70%, compared to revenues of $8.27 billion in the same quarter last year [2] - Linde has surpassed consensus EPS estimates in all four of the last quarters, but has only topped consensus revenue estimates once during the same period [2] Stock Performance - Linde shares have increased approximately 9.9% since the beginning of the year, outperforming the S&P 500's gain of 7.8% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.21 on revenues of $8.52 billion, and for the current fiscal year, it is $16.42 on revenues of $33.55 billion [7] - The estimate revisions trend for Linde was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Chemical - Specialty industry, to which Linde belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

EX-99.1 2 lin_ex991.htm PRESS RELEASE EXHIBIT 99.1 Commenting on the financial results and business outlook, Chief Executive Officer Sanjiv Lamba said, "For the second quarter, Linde once again demonstrated strong resiliency as our employees delivered high-quality results against a muted industrial economy. EPS grew 6% and operating margins expanded 80 basis points versus prior year. In addition, we continue to secure future, contractual growth with the addition of several new wins to the project backlog, i ...