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UPDATE 1-Merck KGaA aims for 2016 earnings growth thanks to takeover

2016-03-08 09:27:52| Chemicals - Topix.net

DARMSTADT, Germany, March 8 German drugs and chemicals maker Merck KGaA expects adjusted core earnings to increase more than 10 percent this year, banking that additional profit from a takeover of lab supplies maker Sigma-Aldrich will offset higher expenses for drug development. The group, which is the world's largest maker of liquid crystals for flat screens, said earnings before interest, taxes, depreciation and amortisation , adjusted for one-offs, would show a low double-digit percentage gain.

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Category:Chemicals

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