Demonstrating Resilience under Market Pressure

In the second quarter of 2023, the Group leveraged its diversified portfolio to navigate a challenging market environment.

Key facts and Forecast

Financial results of Q2 2023

  • Net sales decrease organically by −1.1% to € 5.3 billion
  • EBITDA pre down organically by −7.0% to € 1.6 billion
  • Healthcare business sector increases net sales and earnings    
  • Weaker market environment in Life Science and Electronics      
  • Negative foreign exchange impact stronger than in Q1 2023

Updated forecast for fiscal 2023

  • Net sales: Organic development between −2% and +2 %
  • Net sales excluding Covid-19-related business: Organic growth of +1% to +5%
  • EBITDA pre: Organic decline of −9% to −3%
  • Foreign exchange impact on both net sales and EBITDA pre:−6% to −3% 

OVERVIEW: BUSINESS PERFORMANCE IN Q2 2023

 

 

Q2 2023 (in € billion)

Change (in %, compared to Q2 2022)

Organic growth (in %, compared to Q2 2022)

Group net sales

5.3

-4.8

-1.1

EBITDA pre

1.6

‑12.8

‑7.0

Life Science sales

2.4

-11.1

-8.7

Healthcare sales

2.0

6.5

11.9

Electronics sales

0.9

‑9.7

‑6.3

Belén Garijo - Chair of the Executive Board and CEO of Merck KGaA, Darmstadt, Germany

For us, 2023 remains a transition year. In the second quarter, our Healthcare business once again proved to be a growth driver. We are building on the strengths of our diversified business model.

Belén Garijo

Chair of the Executive Board and CEO of Merck KGaA, Darmstadt, Germany

Conference calls for the media and analysts

  • Annual press conference
    Our Conference call for the media took place at 9:30 a.m. (CEST) August 3rd. 

  • Conference call for analysts
    The conference call for analysts can be followed live via webcast at 2 p.m. (CET)

Related News

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  1. Press Releases

    Q2 2023: Demonstrating Resilience under Market Pressure

    In the second quarter of 2023, Merck KGaA, Darmstadt, Germany, leveraged its diversified portfolio with three business sectors to navigate a challenging market environment.

    2023/08/03

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Esther Döringer

Media Relations

Constantin Fest

Head of Investor Relations

+49 6151 72-5271

+49 6151 72 91-5271

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