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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/
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751