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Merck KGaA says FY profit to fall to lower half of target range

FRANKFURT (Reuters) -Germany's diversified group Merck KGaA flagged that full-year operating earnings would likely be in the lower half of its target range on weak demand for specialty materials that are used to make biotech drugs and semiconductors. The maker of pharmaceuticals, lab gear and specialty chemicals confirmed that 2023 earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs, would come in between 5.8 billion euros ($6.21 billion) and 6.4 ...
Ludwig Burger Miranda Murray Merck Kga Merck Kgaa Target Range Specialty Materials
Source: yahoo.com

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