MERCK KGAA: Strong Q3 … yet higher financial expenses leaves FY19 EPS guidance unchanged | BUY | EUR109(-1%)
MERCK KGAA - BUY | EUR109(-1%)Strong Q3 … yet higher financial expenses leaves FY19 EPS guidance unchanged
Strong execution in Q3
Double-digit growth in Life Sciences
Performance Materials’ decline in-line with expectations
Mavenclad on the right track
Updated FY19 targets reflecting Versum and higher Fi expenses.
Merck is a global science and technology company based in Germany. Co. diversifies its activities into four business divisions: Merck Serono, Consumer Health, Performance Materials and Merck Millipore. The Merck Serono develops, manufactures and markets prescription drugs to treat cancer, multiple sclerosis, infertility, growth disorders, and selected cardiovascular and metabolic diseases. The Consumer Health manufactures and markets over-the-counter drugs addressing health themes such as mobility, women's and children's health, cough and cold. Performance Materials is a specialty chemicals business. The Merck Millipore is the supplier of products and services for the life science industry.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.