Earnings call briefThird-quarter 2026
Linde says its fourth-quarter guidance assumes no economic improvement
Chief Financial Officer Matthew White said the fourth-quarter midpoint is about 3% lower sequentially, including a 1% currency headwind.
GetSignal Linde LIN
Chief Executive Officer Sanjiv Lamba said on the third-quarter call the $425 million restructuring charge was roughly half severance.
Matthew White said the severance payback is closer to the higher end of a 1- to 2-year range, with full benefits expected in the second half of next year on a full run-rate basis.
Quotes from the call
“Consistent with prior guides, no economic improvement is assumed.”
Key facts from the call
- Third-quarter restructuring charge
- $425 million, roughly half severance
- Lincare effect on year-to-date EPS growth
- Reduces it by about 2%
- Severance payback
- Closer to the higher end of a 1- to 2-year range, undiscounted cash basis
Source: Linde's third-quarter 2026 earnings call, October 29, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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