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Merck KGaA beat forecasts with 10% profit growth and raised EBITDA outlook, fueled by strong demand in life sciences, healthcare, and electronics.
Merck KGaA reported stronger third-quarter results with a 10% rise in after-tax profit to 898 million euros ($1.04 billion) and 8.8% organic EBITDA growth, driven by demand in life sciences, healthcare, and electronics.
Net sales rose 5.2% organically to 5.32 billion euros, surpassing analyst forecasts.
The company narrowed its full-year outlook, maintaining a 3% organic sales growth target and adjusting EBITDA growth guidance to 5%–7%, up from earlier 2%–5% and 4%–8% ranges.
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Merck KGaA superó las previsiones con un crecimiento de las ganancias del 10% y elevó las perspectivas de EBITDA, impulsadas por la fuerte demanda en ciencias de la vida, atención médica y electrónica.