Merck KGaA admits to ‘challenging’ 2018, as currencies hit sales

Germany’s Merck KGaA has described 2018 as a “challenging” year, which saw profits hit by currency headwinds and the company struggling to convince shareholders at semiconductor Versum firm to allow a merger. In its full year results for 2018, Merck KGaA said sales rose in 2018 by 2.2% to 14.8 billion euros – but the company said it had been hit by negative exchange rate effects of 3.9%.
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