Linde plc (LIN) CEO Sanjiv Lamba on Q1 2022 Results - Earnings Call Transcript

Linde plc (NYSE:LIN) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET

Company Participants

Juan Pelaez - Head of IR

Sanjiv Lamba - CEO

Matthew White - CFO

Conference Call Participants

Mike Sison - Wells Fargo

Kevin McCarthy - Vertical Research

P.J. Juvekar - Citi

Jeff Zekauskas - JPMorgan

Nicola Tang - BNP Paribas Exane

Peter Clark - Societe Generale

John McNulty - BMO Capital Markets

Operator

Good day, and thank you for standing by. Welcome to the Linde Plc First Quarter 2022 Earnings Teleconference. At this time all participants are in a listen-only mode. Please be advised that today’s conference is being recorded. After the speakers’ presentation, there will be a question-and-answer session.

I would now like to hand the conference over to Mr. Juan Pelaez, Head of Investor Relations. Please go ahead, sir.

Juan Pelaez

Thanks, Sergey. Good morning everyone and thank you for attending our 2022 first quarter earnings call and webcast. I'm Juan Pelaez, Head of Investor Relations, and I'm joined this morning by Sanjiv Lamba, Chief Executive Officer; and Matt White, Chief Financial Officer.

Today's presentation materials are available on our website at linde.com in the Investors section. Please read the forward-looking statement disclosure on Page 2 of the slides and note that it applies to all statements made during the teleconference. The reconciliations of the adjusted numbers are in the appendix of this presentation.

Sanjiv will provide some opening remarks, and then Matt will give an update on Linde's first quarter financial performance and outlook. After which, we will wrap up with Q&A.

Let me now turn the call over to Sanjiv.

Sanjiv Lamba

Thanks, Juan, and good morning, everyone. I'd like to start off by addressing the recent global events and the tragedy occurring in Ukraine. A senseless invasion has caused widespread casualties and destruction at a level not seen in Europe for generations. As a global company, integrated within countless communities across the globe, Linde must do its part to help.

I'm happy to report that all of our 121 Ukrainian employees are safe. And I'm incredibly proud of the courage and determination they've demonstrated throughout the crisis, including several who've chosen to continue producing and delivering life-saving medical gases. We are supporting their needs directly and indirectly, including through contributions of approximately $2 million.

I can only pray that all the global pressure and support is enough to bring this war to an end and allow the efforts to begin towards healing and rebuilding Ukraine.