Merck KGaA / DE0006599905
26.07.2024 - 18:50:04Merck KGaA: Strong 2nd Quarter, Guidance raised
EQS-Ad-hoc: Merck KGaA / Key word(s): Half Year Results 26-Jul-2024 / 18:50 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Darmstadt, July 26, 2024: Based on a very strong second quarter of 2024 with net sales of EUR 5.352 bn resulting in an EBITDA pre1 of EUR 1.509 bn and an EPS pre1 of EUR 2.20, Merck KGaA (the "Company") has further raised its forecast for the entire group for fiscal 2024. The main driver is a very strong operating performance of Healthcare and Electronics compared to consensus. The performance of Life Science is within expectations. The strong operating performance of Healthcare more than offset the provision equal to a mid-double-digit million euro amount associated with xevinapant. The Company now projects net sales of approx. EUR 20.7 - 22.1 bn (previously EUR 20.6 – 22.1 bn). EBITDA pre1 is anticipated to grow to approx. EUR 5.8 – 6.4 bn for the Group (previously "EUR 5.7 – 6.3 bn"). EPS pre1 is projected to amount to approx. EUR 8.20 – 9.30 (previously "EUR 8.05 – 9.10"). The Company will publish Q2 / 2024 figures as scheduled on 1 August 2024. 1 EBITDA pre and EPS pre are alternative performance measures not defined by international accounting standards, used by the Company to improve the comparability of business performance over time and within the industry. EBITDA pre means earnings before interest, income tax, depreciation and amortization as well as adjustments (Ergebnis vor Zinsen, Ertragsteuern, Abschreibungen und Anpassungen). EPS pre means profit after tax including adjustments per theoretical shares outstanding (see Merck Annual Report 2023). Esther Döringer Merck KGaA Frankfurter Straße 250 64293 Darmstadt Germany Phone: +49 151 1454 7809 Email: esther.doeringer@merckgroup.com Internet: https://www.merckgroup.com/en ISIN: DE0006599905 WKN: 659990 Indices: DAX Stock exchanges: Regulated Market of Frankfurt am Main (Prime Standard); Open Markets of Berlin, Düsseldorf, Hamburg, Hanover, Munich, Stuttgart; EUREX derivatives exchange; London, SIX End of Inside Information 26-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | Merck KGaA |
Frankfurter Str. 250 | |
64293 Darmstadt | |
Germany | |
Phone: | +49 (0)6151 72 - 2702 |
E-mail: | insiderregister@merckgroup.com |
Internet: | https://www.merckgroup.com/de |
ISIN: | DE0006599905 |
WKN: | 659990 |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, SIX |
EQS News ID: | 1955415 |
End of Announcement | EQS News Service |
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1955415 26-Jul-2024 CET/CEST