How did Linde's cost-cutting measures affect profitability in 2023?
3/30/2025 04:18pm
Linde's cost-cutting measures had a positive impact on profitability in 2023. Despite a slight increase in net income from $1,565 million in 2023 to $1,550 million in 2024 for the quarter ended September 30, the company's comprehensive income saw a significant rise from $788 million in 2023 to $2,285 million in 2024. This indicates a strong financial position for the company. The increase in comprehensive income suggests that Linde's cost-cutting measures were effective in enhancing profitability during the period.