Linde Signs Record Number of Small On-Site Contracts in 2020
ACCESSWIRE
Linde Signs Record Number of Small On-Site Contracts in 2020
GUILDFORD, UK / ACCESSWIRE / May 5, 2021 / Linde (NYSE:LIN)(FWB:LIN) today announced it has signed a record 36 new small on-site contracts during 2020, a 20% increase compared with the prior year despite a more challenging economic environment.
Linde has signed new agreements with customers across multiple end-markets, including pharmaceuticals, electronics, mining, solar panels and aerospace. In addition to meeting Linde's investment criteria, these long-term agreements offer a steady revenue stream that will contribute directly to Linde's underlying growth. The majority of the new contracts are separate from the company's reported project backlog.