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Sales rise in the second quarter by 1.9 percent
August 14, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Merck generated organic sales growth of 3.4% in the second quarter of 2014. In addition, the company reported an acquisition-related sales increase of 3.0%, which was countered by negative foreign exchange effects of -4.5%. Overall, sales thus increased moderately by €52 million or 1.9% to €2.8 billion in the second quarter (Q2 2013: €2.7 billion). Despite considerably lower royalty, license and commission income, EBITDA pre one-time items grew to €846 million, equivalent to an EBITDA margin...
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