Flexible Electronics News

Merck KGaA Reports Strong 3Q 2020

Group net sales increased by 9.7% to €4.4 billion compared to 3Q 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA, Darmstadt, Germany, grew significantly in the third quarter of 2020. In comparison with the year-earlier quarter, group net sales increased by 9.7% to €4.4 billion. The increase was primarily due to double-digit%age organic growth in the Life Science business sector and acquisition-related in-creases in the Performance Materials business sector.   EBITDA pre, the group’s most important earnings indicator, rose to €1.7 billion, which was 53% higher than in the third quarter of 201...

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