Flexible Electronics News

Merck KGaA Reports Record Results in Turbulent Year

Sales increased by 8.6% to €17.5 billion; EBITDA pre jumps 18.6% to €5.2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Despite the COVID-19 pandemic, Merck KGaA, Darmstadt, Germany, increased its sales, expanded its EBITDA pre-margin and met all the financial targets it had set for itself in 2020.   Group sales increased in 2020 by 8.6% to €17.5 billion. Organically, sales increased by 6%. EBITDA pre, the most important financial indicator to steer operating business, rose by 18.6% to €5.2 billion; the EBITDA pre-margin increased to 29.7%. The operating result EBIT increased dramatically by 40.8% over the pr...

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