Merck wants to achieve 2014 goals already this year following a successful start
“Merck got off to a solid and profitable start in 2013 with all four divisions contributing to our organic sales growth. In addition, we are making excellent progress on our ‘Fit for 2018’ program. This can clearly be seen in the 19% increase in EBITDA pre one-time items,” said Karl-Ludwig Kley, Chairman of the Executive Board of Merck. “In fact, we expect that by the end of the year, EBITDA pre should exceed € 3 billion.”
Total revenues of the Merck Group increased by 4.4% to € 2,761 million in the first quarter of 2013 (Q1 2012: € 2,645 million), fueled by organic growth of 5.6%. First quarter 2013 sales (total revenues less royalty, license and commission income) rose by 3.8% to € 2,660 million (Q1 2012: € 2,564 million). Organic sales growth of 5.0% was accompanied by a 1.4% decline from changes in foreign exchange rates.
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