Merck net sales increasedChristian Fernsby ▼ | May 14, 2020
Merck again grew profitably in the first quarter of 2020.
Merck EBITDA pre rose
EBITDA pre, the company’s most important earnings indicator, rose by 27.2% to € 1.2 billion.
The Covid-19 crisis, which has meanwhile become a pandemic, only had a moderate impact in the first quarter of 2020.
However, the company expects the effects to amplify in the coming months and has also taken this into account in its forecast for fiscal 2020.
For this year, Merck expects Group net sales of between € 16.8 billion and € 17.8 billion as well as EBITDA pre in a range of € 4.35 billion to € 4.85 billion. ■