Merck KGaA: 13% decline in quarterly adjusted EPS
The German group claims a strong performance in healthcare and solid organic growth in electronics thanks to increased demand for semiconductor materials, while life sciences declined on an unfavorable basis of comparison.
Merck KGaA confirms its qualitative forecasts for 2024, with a return to organic growth. It forecasts revenues of €20.6 to €22.1 billion, adjusted EBITDA of €5.7 to €6.3 billion, and adjusted EPS of €8.05 to €9.10.
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