Linde Q3 profit rises on weaker euro, re­cast

China Daily (Canada) - - BUSINESS -

Linde AG re­ported a 3.1 per­cent in­crease in third-quar­ter profit as the weak­en­ing euro turned shrink­ing rev­enue at the en­gi­neer­ing busi­ness into growth. The re­or­ga­niz­ing of op­er­a­tions in the south­ern hemi­sphere started to bear fruit at the world’s largest in­dus­trial gas sup­plier. Op­er­at­ing profit rose to 1.03 bil­lion eu­ros ($1.14 bil­lion) in the three months through Septem­ber from 1 bil­lion eu­ros a year ear­lier, theMu­nich-based com­pany said.

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