Demand in the liquefied gases and cylinder gas business fell as a result. In the Middle East and Eastern Europe, Linde achieved revenue growth in the on-site product area.
This was due to a fall in revenue in the Engineering Division from the record level achieved in 2014. Linde will be responsible for engineering and procurement for one of the world’s largest gas processing projects in eastern Russia. The order backlog remained high. Despite this headwind, we were able to sustain our stable earnings power, achieve a solid result and generate strong operating cash flow,” said Dr Wolfgang Büchele, Chief Executive Officer of Linde AG. Despite the difficult environment, slight growth was achieved in all product areas on a comparable basis.In the Gases Division, revenue rose by 8.5 percent in the 2015 financial year to EUR 15.168 bn (2014: EUR 13.982 bn). This gives an operating margin of 27.4 percent (2014: 27.4 percent).In the 2015 financial year, return on capital employed (ROCE) was 9.4 percent (2014: 9.5 percent). KEY INDICATORS REVIEWED OVER 5 YEARS 2011 1,846.6 1,005.6 2012 2,106.41 ,169.1 2013 2,392.01 ,213.7 ... Proposal to the Annual General Meeting for 2015 based on an expected volume of 51.1 million dividend-entitled shares. For the Group as a whole, Linde is seeking to achieve an increase in revenue and operating profit of 4 percent after adjusting for exchange rate effects, although the challenging market environment could result in a decrease of up to 3 percent.Varying business trends were to be seen in the individual segments in the Gases Division, depending on prevailing economic conditions.Linde expects the market environment to continue to be challenging in the 2016 financial year.
04/10/14 ( FY 2014) 2013 Annual Report 1.6 MB. Linde is continuing to apply the structural and organisational measures it had introduced in this region in order to improve profitability.In the 2015 financial year, Group revenue rose by 5.3 percent to EUR 17.944 bn (2014: EUR 17.047 bn). Operating cash flow rose by 19.7 percent to EUR 3.593 bn (2014: EUR 3.001 bn). The liquefied gases business also performed well, whereas revenue in the cylinder gas product area was down on the prior year. In the South Pacific, the prevailing weak economic environment in manufacturing and declining investment in the mining industry had an adverse impact on growth.
This was due mainly to the good operating profit. 2014-11-28 10:43: Quarterly Report - Q3 - Quarterly Financial Report, June 30, 2014. Such was the case for our July 2015 acquisition of the Qimonda semiconductor patent portfolio from Infineon. The Group operating margin was 23.0 percent, the same as in 2014. Infineon annual revenue increased from €7.1 billion in 2017 to €7.6 billion in 2018, a 7.6% increase.
At 31 December 2015, it stood at EUR 4.541 bn (2014: EUR 4.672 bn).In the 2015 financial year, The Linde Group generated revenue of EUR 17.944 bn, making it one of the leading gases and engineering companies in the world, with approximately 65,000 employees working in more than 100 countries worldwide. The project includes plants for the extraction of ethane and liquefied gas components and plants for the separation of nitrogen, as well as a helium extraction plant.
Operating profit was EUR 216 m (2014: EUR 300 m).
Linde achieved its main increases in revenue in this segment in the on-site business in China and India. After exchange rate adjustments, Group operating profit was down by 2.4 percent.“The difficult market environment and a weak economy presented us with a number of challenges last year. After adjustments to reflect exchange rate effects and changes in the price of natural gas, revenue increased by 2.1 percent. FOR THE FINANCIAL YEAR ENDED DECEMBER 31, 2017 . Micron Technology, Inc., engages in the manufacture and marketing of semiconductor devices worldwide. Revenue in the Gases Division, on the other hand, rose by 2.1 percent after adjusting for exchange rate effects and changes in the price of natural gas.Profit for the year was EUR 1.252 bn (2014: EUR 1.162 bn). Shortly afterwards, the Group announced the first plant construction contract to result from this cooperation agreement. Wi-LAN Inc. 2015 Annual Report 2 Dear Fellow Shareholders, 2015 saw WiLAN continue to execute against the long-term business plan we unveiled in 2014.
In contrast, the market environment in the international plant construction business is likely to continue to be influenced by the low price of oil.
Linde entered into a strategic partnership with Gazprom at the end of 2015. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment in every one of its business areas, regions and locations across the globe.
After adjusting for pension plan funding in Germany in 2014, the increase in operating cash flow in 2015 was 8.8 percent.Revenue and earnings trends in Linde's international plant construction business reflected the progress made on individual projects.