Germany Merck sees return to organic earnings growth in 2024
Frankfurt: Merck KGaA forecast a return to modest operating earnings growth this year but only when adjusted for currency headwinds, citing a gradual recovery in demand for specialty materials used to make biotech drugs and semiconductors.In a statement on Thursday, the German group said that 2024 earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for...
Frankfurt: Merck KGaA forecast a return to modest operating earnings growth this year but only when adjusted for currency headwinds, citing a gradual recovery in demand for specialty materials used to make biotech drugs and semiconductors.
Original news source: https://www.reuters.com/business/healthcare-pharmaceuticals/merck-kgaa-forecasts-return-organic-earnings-growth-2024-2024-03-07/
Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement/treatment or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2024 Minerva Medical Treatment Pvt Ltd