Merck KGaA 1Q After-Tax Pft EUR884M

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Merck KGaA 1Q After-Tax Pft EUR884M
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Merck sees higher profit, sales for 2022 after strong 1Q driven by science unit

Merck KGaA said Thursday that it expected higher profit and sales for 2022 after earnings and revenue increased in the first quarter driven by a strong performance of its life science division.

Net Sales increased 12% to EUR5.20 billion, with organic growth driven by all its business sectors, the company said. Economists expected sales to come in at EUR5.09 billion.

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