German Merck shares jump on record growth and optimism for 2022

3 March 2022

Merck KGaA (MRK: DE) hailed a year of record growth in 2021.

The German life sciences group announced on Thursday that sales throughout the year increased by 12.3% to 19.7 billion euros ($21.8 billion) compared with the previous year.

All three of Merck’s business sectors, including Healthcare, contributed to this sales growth, while earnings before interest, taxes, depreciation and amortization (EBITDA) rose 20.8% to 5.95 billion euros.

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