CLAIM #36083 · Linde plc Ordinary Shares (LIN) · 2023Q4 earnings call · Feb 6, 2024 · due Dec 31, 2024
“We see share buybacks and share count obviously help us at the EPS growth level by about two percentage points.”
Sanjiv Lamba · CEO
In context
“s that are more – that were previously there and therefore really we aren’t in a position to comment on what happens in Russia as far as helium production is concerned. There is lot of speculation around, but Jeff, as you know and I think at this point in time, I’ll probably reserve to comment on that. As far as outlook is concerned, I might just want to take you back to our guidance. As you know, we’ve said in our guidance that we see at the midpoint of the guidance zero help from the economy and we kind of maintain that. Your point on backlog contribution, again as a reminder on EPS growth that we see, our backlog contribution ranges from 1% to 2% for 2024. I see that at the top end of that range. You know the other levers well, but I’ll reiterate them just quickly as well as a recap. We see share buybacks and share count obviously help us at the EPS growth level by about two percentage points. And then the rest is all about management action as far as pricing, productivity and total cost management is concerned, that’s what brings up the rest to take us to a midpoint of 10 plus percent EPS growth for 2024. Jeff Zekauskas : Great. Thank you so much. Operator: And we will take our next question from Tony Jones with Redburn Atlantic. Your line is open. Tony Jones: Hi guys. Thanks for taking my question. In your prepared remarks, you sort of highlighted that large green hydrogen projects and not where you are likely to be at least for the foreseeable future. Could you just explain why is it sort of price, you focused on price and long-term take or pay contracts, the criteria is not quite as tight? That will be very helpful. Thank you. Sanjiv Lamba: Sure. Tony, so what we’ve sai”
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SEC filings for LIN ↗ · Claim quote is verbatim from the 2023Q4 earnings call.