Linde makes progress revamping Australian, South African units

May 12, 2015 8:46 AM

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MUNICH/FRANKFURT May 12 German industrial gases company Linde is seeing good progress at businesses in South Africa and Australia, where it has launched cost cutting measures.

"The situation in South Africa appears to be improving slowly and in Australia we have progresses faster than planned," Chief Executive Wolfgang Buechele told shareholders at the group's annual general meeting, adding that restructuring operations in Brazil would be next.

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