Linde plc (LIN) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Linde Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:02.635 and good morning, everyone. 00:00:02.635 -- 00:00:07.101 The economic environment in 2025 was a study in contrast. 00:00:07.101 -- 00:00:13.447 On one hand, exuberant investment in AI and digital infrastructure drove unprecedented 00:00:18.437 -- 00:00:22.562 chemicals and energy faced continued retrenchment. 00:00:22.562 -- 00:00:28.482 This divergence was exemplified in both concentration of returns from the S&P 500 00:00:28.482 -- 00:00:32.386 and in persistently weak manufacturing indicators. 00:00:32.386 -- 00:00:38.371 This created a challenging backdrop for many of our customers operating in these sectors. 00:00:38.453 -- 00:00:43.539 Despite these headwinds, Lindy employees once again rose to the challenge, 00:00:43.539 -- 00:00:48.805 delivering industry-leading results in areas that matter most to our owners. 00:00:48.805 -- 00:00:53.570 I've highlighted a few of these accomplishments on slide three. 00:00:53.570 -- 00:00:58.807 Running a global enterprise requires balancing the needs of many stakeholders. 00:00:58.807 -- 00:01:03.912 while delivering against both near and long-term expectations. 00:01:03.912 -- 00:01:10.039 The four areas you see on this slide, people and communities, environmental stewardship, 00:01:10.039 -- 00:01:15.805 financial performance, and future growth, represent that balanced approach 00:01:15.805 -- 00:01:21.691 and remain the foundation for Lindy's long-term value creation for our owners. 00:01:21.691 -- 00:01:24.712 Let me start with people and communities. 00:01:25.154 -- 00:01:28.777 Our employees are the backbone of Lindy's success. 00:01:28.777 -- 00:01:33.821 In 2025, we once again delivered best-in-class safety performance 00:01:33.821 -- 00:01:38.846 because nothing is more importan...