Markets see through Merck KGaA's focus on the future
There was an emphasis on good times ahead in the communications put out by Merck KGaA (MRK: DE) as the German life sciences and pharma company welcomed analysts and investors to its 2017 Capital Markets Day on Thursday.
The company is on course to achieve its objectives for 2018, it was made clear, and chief executive Stefan Oschmann and chief financial officer Marcus Kuhnert gave a strategic outlook of the key growth drivers for the years 2019 to 2022.
By the end of the day, however, Merck’s share price had dropped by nearly 3% to 97.39 euros ($114.79).
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