Linde plc (LIN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

ladies and gentlemen good day and thank you for standing by welcome to the lindy second quarter 2026 earnings call and webcast at this time all participants are in a listen-only mode please be advised that today's conference is being recorded after the speaker's presentation there will be a question and answer session and i would now like to hand the conference over to mr juan pelias head of investor relations please go ahead sir abby thank you Good morning, everyone, and thanks for attending our 2026 second quarter earnings column webcast. I'm Juan Pelaez, head of investor relations, and I'm joined this morning by Sanjeev Lamba, chief executive officer, and Matt White, chief financial officer. Today's presentation materials are available on our website at lindy.com in the investor section. Please read the forward-looking statement disclosures on page two on the slides and note that it applies to all statements made during this talk conference. The reconciliations of the adjusted numbers are in the appendix of this presentation. Sanjeev will provide some opening remarks, and then Matt will give an update on Lindy's second quarter financial performance and outlook, after which we will wrap up with Q&A. Let me turn the call over to Sanjeev. Thanks, Juan, and good morning, everyone. During the second quarter, we achieved record sales on EPS levels, with both growing at near double-digit percent, while increasing the backlog by $1 billion to a record $8.1 billion. after securing a new electronics win in the U.S. In addition, the backlog project pipeline remains healthy with several new project opportunities under development. For the remainder of the year, we're expecting to start up more than 20 projects that add up to approximately $1.3 billion in investments. Even aft...