Germany's Merck KGaA predicts earnings gain in 2021

FILE PHOTO: A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. REUTERS/Ralph Orlowski/File Photo

FRANKFURT - Germany’s Merck KGaA predicted further earnings gains in 2021 as an effort by the pharma industry to ready treatments and vaccines against the coronavirus bolsters demand for its supplies for biotech labs. Merck, which also makes pharmaceuticals and specialty chemicals, said on Thursday it expects earnings before interest, taxes, depreciation and amortisation adjusted for one offs, to grow in the high single-digit to low teens percentage range.Reporting by Ludwig Burger; Editing by Caroline Copley

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More German companies see worsening international business in 2021: DIHKMore German companies expect global business conditions to worsen this year than expect improvement, Germany's DIHK Chambers of Industry and Commerce said on Friday. oh really? last year german companies had worst case scenarios in march and finished in december better than best case - regarding profits. this outlook has no worth in it. Too much exploitation by the USA. China china china
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