BRIEF-Linde Says 2021 Started With Stronger January Than Anticipated - Conf Call

Feb 5 (Reuters) - Linde PLC LIN.N:

• WE STARTED 2021 WITH A STRONGER JANUARY THAN ANTICIPATED - CONF CALL

• IF THE ECONOMY DOES IMPROVE MORE THAN OUR BASELINE ASSUMPTIONS, WE WILL LIKELY BE AT THE UPPER END OR ABOVE THIS GUIDANCE RANGE - CONF CALL

• I DO THINK SEMICONDUCTORS WILL CONTINUE TO BE A VERY STRONG OPPORTUNITY - CEO - CONF CALL

• WE'RE WELL POSITIONED IN PLACES LIKE SOUTH KOREA, TAIWAN AND CHINA, WHICH IS REALLY KIND OF THE AXIS OF WHERE ALL THE SEMICONDUCTOR FABS HAVE BEEN BUILT- CONF CALL

• WHAT ONE WOULD HAVE TO EXPECT IS AS YOU GET DEEPER INTO THE YEAR AND COVID GETS BEHIND US, YOU WOULD SEE HYDROGEN VOLUMES IMPROVE. WE ALSO HAVE SOME NEW PROJECT START-UPS THAT WILL AUGMENT THAT - CONF CALL

• THE RATIO OF OPERATING CASH FLOW TO EBITDA COULD BE $100 MILLION TO $200 MILLION IN 2021- CONF CALL

• WE SEE BIOFUELS AS AN AREA WHERE MORE HYDROGEN IS NEEDED BECAUSE THE PROCESS ITSELF REQUIRES GREATER HYDROPROCESSING AND LIGHTER TRADING - CONF CALL

• I THINK WE'RE UP TO 37% RENEWABLE, THE ULTIMATE GOAL IS TO BE CARBON NEUTRAL BY SOME DATE - CEO - CONF CALL

Further company coverage: LIN.N

(Gdansk Newsroom)

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