Linde hikes earnings outlook amid soaring demand for oxygen tanks

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Linde hikes earnings outlook amid soaring demand for oxygen tanks
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Sales in Europe, the Middle East and Africa jump 10% in the first quarter

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Empty oxygen cylinders are stacked in a facility at Naidu Hospital in Pune, Maharashtra, India, May 6 2021. Picture: DHIRAJ SINGH/BLOOMBERG

Higher prices and growing demand in the healthcare sector — where Linde supplies equipment and medical gases including oxygen for Covid-19 patients — helped its sales in Europe, the Middle East and Africa jump 10% in the first quarter. “We've deployed about 1,200 drivers on the road, serving about 1,000 hospitals in the country,” he added.

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