Thursday, November 14, 2019

Merck KGaA Q3 Profit Edges Up, Raises FY19 View; Stock Dips

German science and technology company Merck KGaA reported Thursday a slight increase in third-quarter profit, despite good growth in sales. The company further lifted its fiscal 2019 earnings and sales view following the closing of the Versum Materials acquisition. Shares of Merck were losing around 2 percent in the morning trading in Germany.

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