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Linde Signs Record Number of Small On-Site Contracts in 2020

·2-min read

DGAP-News: Linde plc / Key word(s): Miscellaneous
05.05.2021 / 12:00
The issuer is solely responsible for the content of this announcement.

Linde Signs Record Number of Small On-Site Contracts in 2020

Guildford, UK, May 5, 2021 - Linde (NYSE: LIN; FWB: LIN) today announced it has signed a record 36 new small on-site contracts during 2020, a 20% increase compared with the prior year despite a more challenging economic environment.

Linde has signed new agreements with customers across multiple end-markets, including pharmaceuticals, electronics, mining, solar panels and aerospace. In addition to meeting Linde's investment criteria, these long-term agreements offer a steady revenue stream that will contribute directly to Linde's underlying growth. The majority of the new contracts are separate from the company's reported project backlog.

"Throughout 2020, we continued to unlock value by leveraging Linde's comprehensive portfolio of products and technologies," said Sanjiv Lamba, Chief Operating Officer at Linde. "By offering our customers a range of solutions, not only are we helping them to increase their efficiency, but we are also helping them to reduce their carbon footprint."

In addition to signing a record number of new contracts, Linde started up 27 small on-site plants during 2020.

About Linde

Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com

 

Contacts:

 

Investor Relations
Juan Pelaez
Phone: +1 203 837 2213
Email: juan.pelaez@linde.com

Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com


05.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Linde plc

The Priestley Centre, 10 Priestley Road

GU2 7XY Guildford

United Kingdom

Phone:

+1-203-837-2210

E-mail:

Investor_Relations@Linde.com

Internet:

www.linde.com

ISIN:

IE00BZ12WP82

WKN:

A2DSYC

Indices:

DAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Moscow, NYSE, Luxembourg Stock Exchange (Euro MTF)

EQS News ID:

1192814


 

End of News

DGAP News Service

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