IHS Chemical Week

Regions :: Western Europe

Merck KGaA Narrows Net Losses, Upgrades Full-Year Guidance

7:53 AM MDT | August 14, 2012 | Natasha Alperowicz

Merck KGaA (Darmstadt, Germany) reported an after-tax loss of €60.5 million ($74.9 million) for the second quarter of this year, an improvement of 30% on the after-tax loss of €86.8 million in the second quarter of 2011. The company cites its Fit for 2018 efficiency program as the main reason for the loss. The program forms part of Merck’s transformation, addressing unprecedented market shifts, increasing competition, and tackling inefficiencies in its own organization.   Second-quarter revenues were up 11.6%, to €2.85 billion...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa