Linde profits drop on one-time items

摘要

Linde reports second-quarter 2020 income from continuing operations of $458 million, down 11% year on year (YOY). Excluding purchase accounting impacts and one-time charges, income from continuing operations was $1.0 billion, up 1% YOY as stronger price and cost savings offset volume declines. Adjusted earnings per share were $1.90, up 4% YOY. Second-quarter sales were $6.4 billion, down 5% YOY excluding negative currency translation, cost pass-through, and divestitures. Price improved 2% YOY.