Upcoming Dividend • May 28
Upcoming dividend of US$1.60 per share Eligible shareholders must have bought the stock before 04 June 2026. Payment date: 18 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.7%). Recent Insider Transactions • May 19
Lead Independent Director recently sold €2.3m worth of stock On the 15th of May, Robert Wood sold around 5k shares on-market at roughly €436 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.0m more than they bought in the last 12 months. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$4.00 (vs US$3.54 in 1Q 2025) First quarter 2026 results: EPS: US$4.00 (up from US$3.54 in 1Q 2025). Revenue: US$8.78b (up 8.2% from 1Q 2025). Net income: US$1.86b (up 11% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.0% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Tillkännagivande • May 02
Linde plc, Annual General Meeting, Jul 28, 2026 Linde plc, Annual General Meeting, Jul 28, 2026. Location: the corinthia hotel, whitehall place, westminster, london, sw1a2bd, united kingdom, United Kingdom Declared Dividend • Apr 30
Fourth quarter dividend of US$1.60 announced Shareholders will receive a dividend of US$1.60. Ex-date: 4th June 2026 Payment date: 18th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 58%. Tillkännagivande • Apr 28
Linde plc Declares Dividend in Second Quarter of 2026, Payable on June 18, 2026 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.60 per share. The dividend is payable on June 18, 2026, to shareholders of record on June 4, 2026. Tillkännagivande • Apr 07
Linde plc to Report Q1, 2026 Results on May 01, 2026 Linde plc announced that they will report Q1, 2026 results at 6:00 AM, US Eastern Standard Time on May 01, 2026 Buy Or Sell Opportunity • Mar 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to €427. The fair value is estimated to be €353, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Recent Insider Transactions • Mar 13
COO & EVP recently sold €1.7m worth of stock On the 10th of March, Sean Durbin sold around 4k shares on-market at roughly €410 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sean has been a net seller over the last 12 months, reducing personal holdings by €3.6m. Declared Dividend • Mar 02
Fourth quarter dividend of US$1.60 announced Shareholders will receive a dividend of US$1.60. Ex-date: 11th March 2026 Payment date: 26th March 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 55%. Tillkännagivande • Feb 25
Linde plc Increases Quarterly Dividend on Common Stock, Payable on March 26, 2026 Linde plc on February 24, 2026 announced its Board of Directors has declared a 7% increase in the company's quarterly dividend to $1.60 per share. This marks the 33rd consecutive year of quarterly dividend increases on the company’s common stock. The dividend is payable on March 26, 2026, to shareholders of record on March 11, 2026. Buy Or Sell Opportunity • Feb 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €407. The fair value is estimated to be €336, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: US$14.69 (vs US$13.71 in FY 2024) Full year 2025 results: EPS: US$14.69 (up from US$13.71 in FY 2024). Revenue: US$34.0b (up 3.0% from FY 2024). Net income: US$6.90b (up 5.1% from FY 2024). Profit margin: 20% (in line with FY 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Director Paula G. Reynolds was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jan 09
Linde plc to Report Q4, 2025 Results on Feb 05, 2026 Linde plc announced that they will report Q4, 2025 results at 12:00 PM, Central European Standard Time on Feb 05, 2026 Upcoming Dividend • Nov 26
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 03 December 2025. Payment date: 17 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (4.0%). Declared Dividend • Nov 03
Third quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 3rd December 2025 Payment date: 17th December 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: US$4.12 (vs US$3.25 in 3Q 2024) Third quarter 2025 results: EPS: US$4.12 (up from US$3.25 in 3Q 2024). Revenue: US$8.62b (up 3.1% from 3Q 2024). Net income: US$1.93b (up 25% from 3Q 2024). Profit margin: 22% (up from 19% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 30
Now 21% overvalued Over the last 90 days, the stock has fallen 5.4% to €376. The fair value is estimated to be €311, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Tillkännagivande • Oct 28
Linde plc Declares Dividend in Fourth Quarter 2025, Payable on December 17, 2025 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.50 per share. The dividend is payable on December 17, 2025 to shareholders of record on December 3, 2025. Tillkännagivande • Oct 06
Linde plc to Report Q3, 2025 Results on Oct 31, 2025 Linde plc announced that they will report Q3, 2025 results at 6:00 AM, US Eastern Standard Time on Oct 31, 2025 Tillkännagivande • Sep 30
Linde Announces Management Changes Linde announced that its Board of Directors has appointed Sanjiv Lamba, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective January 31, 2026. Lamba will succeed Steve Angel, who plans to retire from Linde's Board effective January 31, 2026. Angel will retire from Linde after 25 years of distinguished service, having served as Chairman since 2022, Chief Executive Officer from 2018 to 2022, and Chairman and Chief Executive Officer of Praxair Inc., Linde's predecessor company, from 2007 to 2018. In conjunction with these Board-level changes, Linde is appointing Sean Durbin as Chief Operating Officer effective October 1, 2025, to accelerate growth initiatives and continue driving operational excellence. Durbin has been with Linde for more than 30 years, holding various senior leadership positions in the US and Europe, including most recently as Executive Vice President of Linde North America since September 2023. Upcoming Dividend • Aug 28
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 18 September 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.2%). Declared Dividend • Aug 04
Second quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 4th September 2025 Payment date: 18th September 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: US$3.75 (vs US$3.47 in 2Q 2024) Second quarter 2025 results: EPS: US$3.75 (up from US$3.47 in 2Q 2024). Revenue: US$8.50b (up 2.8% from 2Q 2024). Net income: US$1.77b (up 6.2% from 2Q 2024). Profit margin: 21% (in line with 2Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 29
Linde plc Declares Dividend for the Third Quarter of 2025, Payable on September 18, 2025 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.50 per share. The dividend is payable on September 18, 2025 to shareholders of record on September 4, 2025. Tillkännagivande • Jul 07
Linde plc to Report Q2, 2025 Results on Aug 01, 2025 Linde plc announced that they will report Q2, 2025 results at 6:00 AM, Eastern Daylight on Aug 01, 2025 Recent Insider Transactions • May 28
Insider recently sold €1.9m worth of stock On the 22nd of May, Sean Durbin sold around 5k shares on-market at roughly €404 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Declared Dividend • May 04
First quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 4th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$3.54 (vs US$3.38 in 1Q 2024) First quarter 2025 results: EPS: US$3.54 (up from US$3.38 in 1Q 2024). Revenue: US$8.11b (flat on 1Q 2024). Net income: US$1.67b (up 2.8% from 1Q 2024). Profit margin: 21% (in line with 1Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.6% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 01
Linde plc, Annual General Meeting, Jul 29, 2025 Linde plc, Annual General Meeting, Jul 29, 2025. Location: the corinthia hotel, whitehall place, westminster, london, sw1a 2bd., United Kingdom Tillkännagivande • Apr 29
Linde plc Declares Quarterly Dividend in Second Quarter 2025, Payable on June 18, 2025 Linde plc announced its Board of Directors has declared in Second Quarter 2025 a quarterly dividend of $1.50 per share. The dividend is payable on June 18, 2025 to shareholders of record on June 4, 2025. Buy Or Sell Opportunity • Apr 08
Now 23% overvalued Over the last 90 days, the stock has fallen 3.1% to €394. The fair value is estimated to be €322, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Tillkännagivande • Apr 03
Linde plc to Report Q1, 2025 Results on May 01, 2025 Linde plc announced that they will report Q1, 2025 results at 6:00 AM, Eastern Daylight on May 01, 2025 Declared Dividend • Mar 03
Fourth quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 53%. Tillkännagivande • Feb 26
Linde plc Declares Quarterly Dividend, Payable on March 27, 2025 Linde plc announced its Board of Directors has declared an 8% increase in the company’s quarterly dividend to $1.50 per share. This marks the 32nd consecutive year of quarterly dividend increases on the company’s common stock. The dividend is payable on March 27, 2025, to shareholders of record on March 13, 2025. Recent Insider Transactions • Feb 13
Lead Independent Director recently sold €1.3m worth of stock On the 10th of February, Robert Wood sold around 3k shares on-market at roughly €443 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €8.3m more than they bought in the last 12 months. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$13.71 (vs US$12.70 in FY 2023) Full year 2024 results: EPS: US$13.71 (up from US$12.70 in FY 2023). Revenue: US$33.0b (flat on FY 2023). Net income: US$6.57b (up 5.9% from FY 2023). Profit margin: 20% (up from 19% in FY 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Chemicals industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 07
Linde plc Provides Earnings Guidance for the First Quarter and Full Year of 2025 Linde plc provided earnings guidance for the first quarter and full year of 2025. The company is initiating full year EPS guidance of $16.15 to $16.55, representing 4% to 7% growth or 8% to 11% when excluding an estimated 4% currency headwind.
First quarter EPS guidance range is $3.85 to $3.95, with similar assumptions to the full year. Buy Or Sell Opportunity • Jan 19
Now 21% overvalued Over the last 90 days, the stock has fallen 4.5% to €425. The fair value is estimated to be €352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Tillkännagivande • Jan 09
Linde plc to Report Q4, 2024 Results on Feb 06, 2025 Linde plc announced that they will report Q4, 2024 results at 6:00 AM, US Eastern Standard Time on Feb 06, 2025 Tillkännagivande • Oct 08
Linde plc to Report Q3, 2024 Results on Oct 31, 2024 Linde plc announced that they will report Q3, 2024 results at 6:00 AM, Eastern Daylight on Oct 31, 2024 Tillkännagivande • Jul 11
Linde plc to Report Q2, 2024 Results on Aug 02, 2024 Linde plc announced that they will report Q2, 2024 results at 6:00 AM, US Eastern Standard Time on Aug 02, 2024 Tillkännagivande • May 09
John Chevedden Files an Exempt Solicitation Statement with Securities and Exchange Commission On May 7, 2024, John Chevedden announced that he has filed an exempt solicitation statement with Securities and Exchange Commission, stating that the Chair of the Linde Governance Committee Joe Kaeser is ultimately responsible for the omission of this important shareholder proposal sponsored by John Chevedden regarding report on corporate climate lobbying in line with Paris agreement in the 2024 Company’s annual meeting proxy. In addition, John Chevedden recommending the shareholders of the Company to vote against the Joe Kaeser who chairs the Company’s Governance Committee at the 2024 annual meeting of shareholders. Tillkännagivande • May 01
Linde plc, Annual General Meeting, Jul 30, 2024 Linde plc, Annual General Meeting, Jul 30, 2024, at 08:00 Eastern Daylight. Location: The Balmoral, 1 Princes Street, Edinburgh, Scotland, EH2 2EQ United Kingdom Edinburgh United Kingdom Agenda: To appoint the ten director nominees described in the proxy statement; to ratify, on an advisory and non-binding basis, the appointment of PricewaterhouseCoopers (“PwC”) as independent auditor of the Company; to to authorize, in a binding vote, the Board, acting through the Audit Committee, to determine PwC’s remuneration; to approve, on an advisory and non-binding basis, the compensation of the Company’s named executive officers, as required under U.S. Securities and Exchange Commission rules; to determine the price range at which the Company can re-allot shares that it acquires as treasury shares under Irish law and to consider other business matters. Tillkännagivande • Apr 06
Linde plc to Report Q1, 2024 Results on May 02, 2024 Linde plc announced that they will report Q1, 2024 results at 6:00 AM, Eastern Daylight on May 02, 2024 Tillkännagivande • Feb 29
Linde plc Appoints Paula Rosput Reynolds as Independent Member of the Board of Directors On February 27, 2024, the Board of Directors elected Paula Rosput Reynolds as a new independent member of the Board of Directors of Linde plc effective on that date. Ms. Reynolds will serve on the Audit Committee and the Sustainability Committee. Tillkännagivande • Jan 10
Linde plc to Report Q4, 2023 Results on Feb 06, 2024 Linde plc announced that they will report Q4, 2023 results at 6:00 AM, US Eastern Standard Time on Feb 06, 2024 Tillkännagivande • Oct 05
Linde plc to Report Q3, 2023 Results on Oct 26, 2023 Linde plc announced that they will report Q3, 2023 results at 6:00 AM, Eastern Daylight on Oct 26, 2023 Tillkännagivande • Jul 04
Linde plc to Report Q2, 2023 Results on Jul 27, 2023 Linde plc announced that they will report Q2, 2023 results at 6:00 AM, Eastern Daylight on Jul 27, 2023 Tillkännagivande • May 04
Hexagon Ragasco and Linde Launches the AGA Smart Cylinders as Part of A Pilot Program on 19 April, 2023 Hexagon Ragasco and Linde launched the AGA® smart cylinders as part of a pilot program on 19 April, 2023. Hexagon Ragasco brings LPG technology to the digital age, with an “Internet of Things” (IoT) offer that enables the connection of Hexagon Ragasco’ s composite cylinders to consumers’ mobile phones – as well as to the IT systems of LPG distributors. This next generation of cylinders speak to you. They let consumers know exactly how many minutes of cooking time is left and when they will need to refill. Hexagon Ragasco’s smart composite cylinder technology called Linktra®, also gives the LPG distributor insight into consumer-usage patterns, allowing optimized logistics. The pilot takes place in the city of Oslo and surroundings, and the AGA® smart cylinders are available in selected distribution points and Linde’s AGA® vending machines. Tillkännagivande • Jan 25
Linde plc Appoints Hugh Grant as New Member of the Board of Directors, Nomination and Governance Committee and the Human Capital Committee On January 23, 2023, the Board of Directors of Linde plc elected Hugh Grant as new member of the Board of Directors effective on that date. Mr. Grant will serve on the Nomination and Governance Committee and the Human Capital Committee. Tillkännagivande • Jan 19
Linde Shareholders Approve Proposal to Delist Its Ordinary Shares from the Frankfurt Stock Exchange Linde plc announced its shareholders have approved the company's proposal for an intercompany reorganization that will result in the delisting of its ordinary shares from the Frankfurt Stock Exchange. Preliminary voting results indicate that at least approximately 93% of the votes cast on each of the delisting proposals were cast in favor at the Court Meeting and the Extraordinary General Meeting of Shareholders held today. The total number of votes cast represented approximately 78% of total Linde plc shares outstanding. Following the completion of legal and regulatory approvals, Linde anticipates that the intercompany reorganization and delisting process will be completed, and its ordinary shares will be delisted from the Frankfurt Stock Exchange, on or about March 1, 2023. In connection with the closing of the intercompany reorganization, Linde shareholders will automatically receive one share of the new holding company, to be listed on the New York Stock Exchange in exchange for each share of Linde plc they own. The new holding company will also be named "Linde plc" and will trade under the existing ticker "LIN". Linde will file a Form 8-K with the US Securities and Exchange Commission that will provide a full breakdown of the final voting results within the next four days. Tillkännagivande • Jan 06
Linde plc to Report Q4, 2022 Results on Feb 07, 2023 Linde plc announced that they will report Q4, 2022 results at 6:00 AM, US Eastern Standard Time on Feb 07, 2023 Upcoming Dividend • Aug 25
Upcoming dividend of US$1.17 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (2.8%). Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$0.74 (vs US$1.62 in 2Q 2021) Second quarter 2022 results: EPS: US$0.74 (down from US$1.62 in 2Q 2021). Revenue: US$8.46b (up 12% from 2Q 2021). Net income: US$372.0m (down 56% from 2Q 2021). Profit margin: 4.4% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.0% compared to a 15% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 26
Upcoming dividend of US$1.17 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (2.7%). Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$2.32 (vs US$1.87 in 1Q 2021) First quarter 2022 results: EPS: US$2.32 (up from US$1.87 in 1Q 2021). Revenue: US$8.21b (up 13% from 1Q 2021). Net income: US$1.17b (up 20% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 7.5% compared to a 14% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 09
CEO & Director recently bought €925k worth of stock On the 8th of March, Sanjiv Lamba bought around 4k shares on-market at roughly €247 per share. This was the largest purchase by an insider in the last 3 months. This was Sanjiv's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 09
CEO & Director recently bought €925k worth of stock On the 8th of March, Sanjiv Lamba bought around 4k shares on-market at roughly €247 per share. This was the largest purchase by an insider in the last 3 months. This was Sanjiv's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 23
Independent Director recently bought €100k worth of stock On the 18th of February, Franz Fehrenbach bought around 375 shares on-market at roughly €267 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €200k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$7.39 (up from US$4.74 in FY 2020). Revenue: US$30.8b (up 13% from FY 2020). Net income: US$3.82b (up 53% from FY 2020). Profit margin: 12% (up from 9.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 5.8% compared to a 3.5% decline forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 25
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 17 December 2021. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.6%). Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS US$1.90 (vs US$1.33 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$7.67b (up 12% from 3Q 2020). Net income: US$978.0m (up 40% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • Aug 26
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (3.8%). In line with average of industry peers (1.5%). Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS US$1.62 (vs US$0.87 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$7.58b (up 19% from 2Q 2020). Net income: US$840.0m (up 83% from 2Q 2020). Profit margin: 11% (up from 7.2% in 2Q 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • May 26
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 02 June 2021. Payment date: 17 June 2021. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (4.1%). In line with average of industry peers (1.5%). Reported Earnings • May 08
First quarter 2021 earnings released: EPS US$1.87 (vs US$1.08 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$7.24b (up 7.5% from 1Q 2020). Net income: US$979.0m (up 72% from 1Q 2020). Profit margin: 14% (up from 8.5% in 1Q 2020). The increase in margin was driven by higher revenue. Executive Departure • Apr 02
Executive Vice President of EMEA Eduardo Menezes has left the company On the 31st of March, Eduardo Menezes' tenure as Executive Vice President of EMEA ended after 2.5 years in the role. As of December 2020, Eduardo personally held 70.31k shares (€15m worth at the time). Eduardo is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 10
New 90-day high: €223 The company is up 8.0% from its price of €206 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €158 per share. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS US$4.74 (vs US$4.03 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$27.2b (down 3.5% from FY 2019). Net income: US$2.50b (up 14% from FY 2019). Profit margin: 9.2% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 5.5% compared to a 8.6% decline forecast for the Chemicals industry in the United Kingdom. Recent Insider Transactions • Mar 02
Independent Director recently bought €100k worth of stock On the 26th of February, Franz Fehrenbach bought around 493 shares on-market at roughly €203 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €576k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 06
Full year 2020 earnings released: EPS US$4.74 (vs US$4.03 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$27.2b (down 3.5% from FY 2019). Net income: US$2.50b (up 14% from FY 2019). Profit margin: 9.2% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 6.4% compared to a 9.9% decline forecast for the Chemicals industry in the United Kingdom. Is New 90 Day High Low • Jan 07
New 90-day high: €223 The company is up 10.0% from its price of €203 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €138 per share. Upcoming Dividend • Nov 25
Upcoming Dividend of US$0.96 Per Share Will be paid on the 17th of December to those who are registered shareholders by the 2nd of December. The trailing yield of 1.5% is below the top quartile of British dividend payers (4.9%), and is lower than industry peers (1.8%). Analyst Estimate Surprise Post Earnings • Nov 06
Revenue beats expectations Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 4.0% compared to a 14% decline forecast for the Chemicals industry in the United Kingdom. Reported Earnings • Nov 06
Third quarter 2020 earnings released: EPS US$1.33 The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$6.86b (down 2.1% from 3Q 2019). Net income: US$699.0m (down 4.0% from 3Q 2019). Profit margin: 10% (in line with 3Q 2019). 