• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Merck KGaA Reports Record Results in Turbulent Year

    Sales increased by 8.6% to €17.5 billion; EBITDA pre jumps 18.6% to €5.2 billion.

    Merck KGaA Reports Record Results in Turbulent Year
    Related CONTENT
    • Jabil’s May Yap Awarded 2021 CIO of the Year by IDC Singapore
    • Integrated Electronics Trend to Drive In-Mold Electronics to $1.5 Billion by 2032: IDTechEx
    • The 2021 Conductive Ink Market
    • Sustainability and the Flexible and Printed Electronics Industry
    • SEMI: North American Semiconductor Equipment Posts $3.65 Billion in Billings in August 2021
    03.04.21

    Despite the COVID-19 pandemic, Merck KGaA, Darmstadt, Germany, increased its sales, expanded its EBITDA pre-margin and met all the financial targets it had set for itself in 2020.

     

    Group sales increased in 2020 by 8.6% to €17.5 billion. Organically, sales increased by 6%. EBITDA pre, the most important financial indicator to steer operating business, rose by 18.6% to €5.2 billion; the EBITDA pre-margin increased to 29.7%. The operating result EBIT increased dramatically by 40.8% over the previous year to €3 billion. Net financial debt decreased by 13% to €10.8 billion in 2020.

     

    The company noted that gains were highlighted by pharmaceutical manufacturing from the Life Science business sector, the new medicines Mavenclad and Bavencio approved in recent years, and the Semiconductor Solutions business.

     

    “The year 2020 was characterized by unprecedented turbulence. Yet despite the circumstances of the pandemic, we resolutely executed our strategy further and achieved truly superb business results,” said Stefan Oschmann, chairman of the Executive Board and CEO.

     

    During the pandemic, the company supported more than 50 vaccine projects and recently announced plans to expand its strategic partnership with BioNTech and to significantly accelerate the supply of urgently needed lipids, which are used to manufacture the Covid-19 vaccine from Pfizer-BioNTech.

     

    In 2020, the company moved forward with the implementation of its priorities.

     

    “We have resolutely pursued our ambition: Merck KGaA, Darmstadt, Germany, is to become the vibrant science and technology company,” said Oschmann.

     

    Performance Materials continued to implement the Bright Future transformation program and has focused its business on the electronics market. This includes the launch of a new, customer-centric organization within the Semiconductor Solutions business unit. To underscore the business sector’s strategic focus on the electronics industry, effective immediately it will operate under the name “Electronics.”

     

    “The new name Electronics sums up what this business is all about, namely technologies that advance digital living,” said Oschmann.

     

    In the fourth quarter of 2020, group sales increased by 5% compared to the prior-year quarter. EBITDA pre rose by 3.3% to €1.2 billion, earnings per share pre increased 1.9% to €1.57.

     

    Sales of the Electronics business sector, which previously operated under the name Performance Materials, rose by 31.3% to €3.4 billion in 2020. The acquisitions of Versum Materials and Intermolecular contributed 35.4% to the growth of Electronics. The Display Solutions business unit, consisting mainly of the business with liquid crystals, photoresists for display applications and OLED materials, saw an organic sales decline of 11.7% in fiscal 2020.

    Suggested For You
    Jabil’s May Yap Awarded 2021 CIO of the Year by IDC Singapore Jabil’s May Yap Awarded 2021 CIO of the Year by IDC Singapore
    Integrated Electronics Trend to Drive In-Mold Electronics to $1.5 Billion by 2032: IDTechEx Integrated Electronics Trend to Drive In-Mold Electronics to $1.5 Billion by 2032: IDTechEx
    The 2021 Conductive Ink Market The 2021 Conductive Ink Market
    RDS Launches Tianma 13.3-inch Full HD TFT RDS Launches Tianma 13.3-inch Full HD TFT
    SEMI: North American Semiconductor Equipment Posts $3.65 Billion in Billings in August 2021 SEMI: North American Semiconductor Equipment Posts $3.65 Billion in Billings in August 2021
    Sustainability and the Flexible and Printed Electronics Industry Sustainability and the Flexible and Printed Electronics Industry
    Sensirion Opens New Sensor Production Site in Hungary Sensirion Opens New Sensor Production Site in Hungary
    Jabil Board of Directors Appoints CEO Mark Mondello as Chairman of the Board Jabil Board of Directors Appoints CEO Mark Mondello as Chairman of the Board
    Sensirion Acquires Machine Diagnostics Start-up AiSight Sensirion Acquires Machine Diagnostics Start-up AiSight
    Sogegross Group Increases Productivity with Zebra Technologies Sogegross Group Increases Productivity with Zebra Technologies
    Flex Receives Third Consecutive European Lenovo Logistics Excellence Award Flex Receives Third Consecutive European Lenovo Logistics Excellence Award
    JOLED Display Adopted for Newly-Announced ASUS OLED Monitor for HDR Content Creators JOLED Display Adopted for Newly-Announced ASUS OLED Monitor for HDR Content Creators
    ams OSRAM to Showcase Sensor Portfolio at Sensors Converge 2021 ams OSRAM to Showcase Sensor Portfolio at Sensors Converge 2021
    Flex Joins World Economic Forum Flex Joins World Economic Forum
    eMagin Finalizes $33.6 Million US DoD Contract for OLED Microdisplays eMagin Finalizes $33.6 Million US DoD Contract for OLED Microdisplays

    Related Breaking News

    • Breaking News | Photovoltaics | Research Institutions
      NREL Creates Highest Efficiency 1-Sun Solar Cell

      NREL Creates Highest Efficiency 1-Sun Solar Cell

      Researchers created a solar cell with a record 39.5% efficiency under 1-sun global illumination.
      05.19.22

    • Breaking News | Displays and Lighting | Manufacturers News
      eMagin Wins People’s Choice Award at Display Week 2022

      eMagin Wins People’s Choice Award at Display Week 2022

      Honored for Best New Display Technology for its direct patterned single-stack OLED microdisplay.
      05.19.22

    • Breaking News | Manufacturers News | Product Releases | RFID and NFC
      Wiliot Launches Battery-Assisted Version of its IoT Pixel Tags

      Wiliot Launches Battery-Assisted Version of its IoT Pixel Tags

      The new Battery-Assisted IoT Pixel tag leverages the same ultra-power-efficient cloud and chip technology as its battery-free counterpart.
      05.19.22


    • Breaking News | RFID and NFC
      From Phygital to Virtual IDs

      From Phygital to Virtual IDs

      ID cards, passports and driver’s licenses are increasingly ‘phygital’ across much of the world.
      05.19.22

    • Breaking News | RFID and NFC
      Zebra Technologies Board Approves Additional $1 Billion Share Repurchase

      Zebra Technologies Board Approves Additional $1 Billion Share Repurchase

      This authorization augments the previous $1 billion purchase authorization which was announced on July 30, 2019.
      05.19.22

    • Breaking News | RFID and NFC
      Tageos Launches EOS-840 RAIN RFID Sensor Inlays

      Tageos Launches EOS-840 RAIN RFID Sensor Inlays

      New battery-free sensor inlays are based on Asygn’s AS321x IC platform.
      05.19.22


    • Breaking News | Manufacturers News | Sensors and Wearables
      Emerson Earns Third Consecutive 2022 ENERGY STAR Partner of the Year Award

      Emerson Earns Third Consecutive 2022 ENERGY STAR Partner of the Year Award

      As a three-time winner, Sensi is the only smart thermostat to win the Sustained Excellence Award from ENERGY STAR.
      05.18.22

    • Breaking News | Manufacturers News | Photovoltaics
      First Solar to Sell Japan Project Development, O&M Platforms to PAG Real Assets

      First Solar to Sell Japan Project Development, O&M Platforms to PAG Real Assets

      In 2021, PAG acquired two projects under development by First Solar in Japan with a total capacity of 50 MWDC.
      05.18.22

    • 3D Printing | Breaking News | Contract Manufacturing/Printing | Manufacturers News
      Jabil Strengthens Additive Manufacturing Offerings

      Jabil Strengthens Additive Manufacturing Offerings

      Adds new PK 5000 engineered material and digital manufacturing expansions.
      05.17.22


    • Breaking News | Manufacturers News | RFID and NFC
      Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT

      Avery Dennison, Wiliot Partner to Build and Scale the Future of IoT

      Avery Dennison will leverage its R&D capabilities and scale to design and manufacture second-generation Wiliot tags.
      05.17.22

    • 3D Printing | Breaking News | Manufacturers News
      HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale

      HP Delivers Enhanced Platform Capabilities to Accelerate Additive Manufacturing Production at Scale

      Advancements to HP Jet Fusion 5200 platform deliver on speed, quality, cost, reliability.
      05.17.22

    • Breaking News | Manufacturers News | RFID and NFC
      Identiv Showcases Bespoke RFID and IoT Solutions at RFID Journal LIVE!

      Identiv Showcases Bespoke RFID and IoT Solutions at RFID Journal LIVE!

      Company positioned to meet the growing demand for RFID and NFC solutions to verify and secure the IoT.
      05.17.22


    • Breaking News | Manufacturers News | Photovoltaics
      Scout Clean Energy Orders 378 MW of First Solar Modules

      Scout Clean Energy Orders 378 MW of First Solar Modules

      Advanced, lower carbon thin film solar modules to power Scout projects.
      05.17.22

    • Breaking News | Manufacturers News | RFID and NFC
      Eight in 10 Warehouse Associates Say They are Seeing PositIve Workplace Changes: Zebra

      Eight in 10 Warehouse Associates Say They are Seeing PositIve Workplace Changes: Zebra

      In a new Zebra study, about 60% report improving work conditions and better adoption of technologies such as RFID and wearables that make their jobs easier.
      05.17.22

    • Breaking News | Manufacturers News | RFID and NFC
      HID Global Acquires Vizinex RFID

      HID Global Acquires Vizinex RFID

      Acquisition enhances HID Global’s portfolio of asset tracking tags to now also include a RFID product platform based on printed circuit board assembly (PCBA).
      05.17.22

    Breaking News
    • NREL Creates Highest Efficiency 1-Sun Solar Cell
    • eMagin Wins People’s Choice Award at Display Week 2022
    • Wiliot Launches Battery-Assisted Version of its IoT Pixel Tags
    • From Phygital to Virtual IDs
    • Zebra Technologies Board Approves Additional $1 Billion Share Repurchase
    View Breaking News >
    CURRENT ISSUE

    Winter 2021

    • Printed Electronics Now’s International Suppliers’ Directory
    • The Automotive Market and Flexible and Printed Electronics
    • Flexible and Printed Electronics in Healthcare
    • Flexible and Printed Electronics Make Gains in Smart Packaging
    • PAPERONICS: Low-cost multisensory paper and packaging applications
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Kyowa Hakko Appoints Dr. Colin Hill to Immuse Scientific Advisory Board
    Expert Consensus Statement: Diet is Best Primary Intervention to Achieve Diabetes Remission
    Choline May Independently Improve Maternal DHA Status During Pregnancy
    Coatings World

    Latest Breaking News From Coatings World

    Teknos Receives EcoVadis Gold Medal for Sustainability Performance
    AkzoNobel and Partners Team Up to Hack Carbon Reduction Challenges
    Five PPG Facilities in Ohio Recognized for Sustainability, Health, Safety Practices
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    VenoStent's SelfWrap Bioabsorbable Perivascular Wrap Earns Breakthrough Status
    Guard Medical Closes $11 Million Series B Investment
    OMNIVISION, Silicon Line Partner on Optical Fiber Endoscope Cables
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Catalent Invests $175M to Expand Mfg. Capabilities at Winchester, KY
    Sartorius Expands Manufacturing Site in Tunisia
    BioMoti Partners with Pharma Company to Develop Ovarian Cancer Treatment
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Garance Doré Launches Made in France Skincare Line
    The World’s Most Popular Perfumes & Celebrity Fragrances
    Ulta Beauty Launches Retail Media Network
    Happi

    Latest Breaking News From Happi

    Loum Beauty, Rare Beauty Launch #BeautyCares Voices
    ACI Urges Congress To Ensure Funding for EPA’s Office of Chemical Safety and Pollution Prevention
    Dr. Dana’s Nail Renewal System Relaunches Under Rare Beauty Brands
    Ink World

    Latest Breaking News From Ink World

    hubergroup Chemicals Exhibits at Paint India for First Time
    Award for Sustainability: Evonik Receives Platinum Rating Again
    Nazdar Ink Technologies to Showcase Latest Ink Innovations at FESPA Global Print Expo 2022
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Dantex Group receives accreditation for Pico digital presses
    Heidelberg USA launches new Print Media Performance & Training Center
    Avery Dennison announces Global Supplier Award winners
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    'Right' Hygiene Conference to be Held in June
    Freudenberg to Present Battery Pack and Liquid Absorbers at Battery Show
    H&V Appoints Vice President and General Counsel
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Paragon 28 Rolls Out TenoTac 2.0 Hammertoe and Soft Tissue Repair
    Cionic Expands Scientific Advisory Board
    First Surgeries Performed Using Globus Medical's Excelsius3D
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    NREL Creates Highest Efficiency 1-Sun Solar Cell
    eMagin Wins People’s Choice Award at Display Week 2022
    Wiliot Launches Battery-Assisted Version of its IoT Pixel Tags

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login