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Posted July 27, 2017

Praxair sales rise 6 percent

Praxair reported second-quarter net income of $406 million and diluted earnings per share of $1.41. 


Praxair’s sales in the second quarter were $2.8 billion, 6 percent above the prior-year quarter. Sales growth was primarily led by electronics, chemicals, metals, energy and food and beverage end-markets.

In North America, second-quarter sales were $1.5 billion, 4 percent above the prior-year quarter. Sales growth was driven primarily by stronger volumes to chemical, manufacturing and electronic end-markets and higher price. 

During the second quarter Praxair announced the signing of a business combination agreement between Praxair and Linde AG. The company is currently working with regulators and shareholders to obtain the appropriate approvals and will provide a more detailed progress update in the coming months.

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