Merck KGaA announced that it will invest about 440 million euros in the development of production in membranes and filters, as part of life-science activities. The German pharmaceutical and chemical group said the investment would increase Carrigtwohill’s membrane production capacity and create a new filtration plant in Blarney Business Park. Both facilities will be in […]
Tag: Merck KGaA
Merck KGaA: Upgraded estimates for 2022
Merck KGaA announced that it expects higher profits and sales for 2022 as profits and revenues increased in the first quarter, thanks to the strong returns of the life sciences department. The German pharmaceutical and chemical company announced profit after taxes of 884 million euros in the first quarter, higher 18% from 748 million euros […]
Merck KgaA: Q1 earnings fell slightly, sales increased
Merck KgaA said quarterly earnings fell slightly on an annual basis, although sales rose, while confirming an earlier estimate for 2021 that it had previously given. The German group of pharmaceuticals and chemicals announced EBITDA of 1.50 billion euros for the quarter, down from 1.62 billion euros a year ago. Profit after tax also fell […]