Wednesday, November 14, 2018

Merck KGaA Stock Dips On Weak Q3 Profit; Cuts FY18 EBITDA Pre View

Merck KGaA reported Wednesday a sharp decline in its third-quarter profit, while sales increased despite negative currency impacts. Further, the German drugmaker lowered its fiscal 2018 forecast for EBITDA pre, but confirmed organic EBITDA pre view. The company also lifted its organic net sales growth forecast.

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