Merck KGaA: Q2/2011: One-time adjustments lead to lower guidance on Group operating result for 2011 to approximately EUR 1 billion

Merck KGaA  / Key word(s): Change in Forecast

27.07.2011 06:57

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Darmstadt, July 27, 2011 - Total revenues of the Merck Group increased 16%
to EUR 2,555 million in the second quarter from EUR 2,208 million in the
year-ago quarter. Due to various one-time adjustments the second-quarter
operating result fell to EUR -11 million from EUR 326 million in the
year-ago quarter. The second-quarter core operating result declined to EUR
315 million from EUR 501 million in the very strong year-ago quarter.
Adjusted for one time charges, Merck achieved an underlying core operating
result of EUR 548 million compared to EUR 501 million in 2010. Profit after
tax in the second quarter of 2011 fell to EUR -84 million from EUR 187
million in the second quarter of 2010.

New Guidance 2011 
The Executive Board now believes that full-year total revenues for the
Group will increase to between EUR 10 billion and EUR 10.4 billion. The
Group operating result for 2011 is expected to amount to about EUR 1
billion, which is below the guidance given in April primarily due to the
many one-time adjustments.


Contact:
Phyllis Carter
+49 6151 72-7144




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Language:     English
Company:      Merck KGaA
              Frankfurter Str. 250
              64293 Darmstadt
              Germany
Phone:        +49 (0)6151 72 - 3321
Fax:          +49 (0)6151 72 - 913321
E-mail:       investor.relations@merck.de
Internet:     www.merck.de
ISIN:         DE0006599905
WKN:          659990
Indices:      DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
              Terminbörse EUREX; London, SIX
 
End of Announcement                             DGAP News-Service
 
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