Linde’s Q1 profit numbers were very satisfying, although FX changes took their toll. The Engineering division delivered much higher than expected operating earnings, some of which have probably been generated from in-house projects indicated by inter-company eliminations in the consolidated accounts that were sharply up.
25 Apr 2018
Lower revenue but higher profits thanks to IFRS 15
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Lower revenue but higher profits thanks to IFRS 15
Linde’s Q1 profit numbers were very satisfying, although FX changes took their toll. The Engineering division delivered much higher than expected operating earnings, some of which have probably been generated from in-house projects indicated by inter-company eliminations in the consolidated accounts that were sharply up.