BERLIN (dpa-AFX) - Merck KGaA (MKGAY.PK) Friday said it will increase its dividend by 15 cents to 1.20 euros.
At the Annual General Meeting, CEO Stefan Oschmann reiterated the qualitative forecast given on March 9, 2017. Merck expects slight to moderate organic sales growth in 2017 in comparison with the previous year. EBITDA pre exceptionals for the Merck Group should remain about stable compared with 2016.
For the full year 2016, the company had recorded 46.1 percent increase net income to 1.6 billion euros, while EBITDA per exceptionals rose by 23.7 percent to 4.5 billion euros. Sales for the period rose 17 percent to 15 billion euros.
Copyright RTT News/dpa-AFX