Linde Earnings Beat Expectations, Boosted by Higher Prices, Cost Cuts

Linde, the world's largest industrial gases company, on Friday reported third-quarter results which were above market expectations, citing higher pricing and efforts to improve efficiency including cost cuts.

The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, reported a 7% rise in its adjusted earnings per share to $4.21 in the July-September period.

That was ahead of analysts' mean estimate of $4.18 per share, according to LSEG data...

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