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Linde plc(LIN) - 2023 Q1 - Earnings Call Presentation

Financial Performance - First quarter sales reached $8.193 billion, showing a 0% year-over-year change but a 4% sequential increase [30] - Operating profit for the first quarter was $2.206 billion, a 16% increase year-over-year and a 10% sequential increase [30] - Diluted EPS reached a record of $3.42, a 17% year-over-year increase, or 20% excluding foreign exchange impacts [30] - The company raised its full-year adjusted EPS guidance to a range of $13.45 to $13.85, representing a 9% to 13% increase compared to 2022 [43] - Capital expenditures (Capex) for the first quarter were $829 million, a 28% increase year-over-year [30] - Free cash flow was $1.079 billion in Q1 [10] Segment Performance - Sales in the Americas increased by 4% sequentially [36] - Sales in EMEA increased by 7% sequentially [49] - Sales in APAC increased by 2% sequentially [38] Strategic Initiatives - The company is focused on clean energy projects, including electrolyzers and carbon capture technologies [25, 29] - The company is leveraging engineering and technology capabilities to build on its hydrogen business, which is valued at approximately $3 billion [39] - The company is optimizing its base through productivity, digitalization, portfolio optimization, and price management [101]