People & Business :: Earnings/Finance
Merck KGaA reports flat first-quarter earnings, cautiously optimistic for 2014
7:44 AM MDT | May 15, 2014 | Natasha Alperowicz
Merck KGaA today reported a slight increase, to €807 million ($1.1 billion), in first-quarter Ebitda before one-time items compared with €801 million in the first quarter of 2013 despite negative exchange rate effects and significantly lower royalty, license, and commission income, which dropped 49%, to €51 million. Revenues slipped 3.5% to €2.6 billion. Ebitda margin pre one-time items rose to 30.9% from 30.1% in the year-earlier period. Chairman Karl-Ludwig Kley says that Merck got off to a solid start in 2014, especially in view of a...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee