FRANKFURT May 19 German drugs and chemicals maker Merck KGaA expects adjusted core earnings to increase by up to 18.5 percent this year, helped by additional profit from a takeover of lab supplies maker Sigma-Aldrich.
Merck forecast full-year earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-off items, to rise to between 4.1 billion euros ($4.6 billion) and 4.3 billion euros, up from 3.63 billion in 2015.
14:14 Ford expects $2B net income drop due to pension change15
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
23:10 Tim Raines, Jeff Bagwell, Pudge Rodriguez elected to Baseball Hall of Fame18
16:50 Goldman Sachs, Citigroup earnings confirm Trump effect on banks18