Thursday, March 5, 2020

Merck KGaA Q4 Net Profit Down, EBIT Rises; Sees Growth In FY20; Stock Up

Shares of Merck KGaA were gaining around 4 percent in the morning trading in Germany after the science and technology company on Thursday said that it sees organic growth in fiscal 2020 after reporting higher operating result and sales in its fourth quarter. Net profit for the quarter, meanwhile, plunged from last year. The company also lifted its dividend.

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