Regions :: Western Europe
Merck KGaA reports strong results on back of efficiency measures
8:22 AM MST | March 6, 2014 | Natasha Alperowicz
Merck KGaA today announced full-year and fourth-quarter results and said it has achieved its objectives for 2013 despite a challenging market environment. The company reports organic sales growth of 4.2%, to €10.7 billion ($14.7 billion), in 2013. Ebitda before one-time items increased by 9.7%, to a record of €3.25 billion, on the back of efficiency measures. The Ebitda margin rose by nearly 3 percentage points, from 27.6% to 30.4%. “We delivered on our promises in 2013,” says Karl-Ludwig Kley, chairman of the Merck board. “We...
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