Key facts and Forecast
Financial results for Q2 2025
- Strong sales in Process Solutions and for blockbusters Mavenclad and Erbitux, sustained demand for Semiconductor Materials
- Acquisition of SpringWorks and divestment of Surface Solutions successfully closed, now included in guidance
- Net sales organically +2.0% to € 5.3 billion; foreign exchange effects of –4.2%
- EBITDA pre organically +4.6% to € 1.5 billion; foreign exchange effects of –7.2%
Forecast 2025
- Organic sales growth range for Group narrowed; raised expectations for Group, Life Science and Healthcare EBITDA pre
Overview: business performance in Q2 2025
| Q2 2025 (in € billion) | Change (in %, compared to Q2 2024) | Organic change (in %, compared to Q2 2024) |
---|---|---|---|
Group net sales |
5.3 |
–1.8 |
2.0 |
EBITDA pre |
1.5 |
–3.1 |
4.6 |
Life Science sales |
2.3 |
0.4 |
3.7 |
Healthcare sales |
2.1 |
–1.6 |
3.6 |
Electronics sales |
0.9 |
–7.4 |
–5.6 |






We have delivered solid underlying sales and earnings growth. By standing on three pillars – Life Science, Healthcare and Electronics – we are, as a Group, better able to withstand the geopolitical, economic and currency swings that are buffeting companies around the world.

Results & Beyond: Our CEO Speaks
Our CEO Belén Garijo comments on the Q2 2025 results.
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Half-yearly Financial Report 2025 (PDF)
Download (PDF)Detailed information about the development of our business in the first half of 2025.
ADDITIONAL INFORMATION
Downloads for the Media
- Press Release (PDF)
- Presentation for the Media (PDF)
- Further downloads are available in the Investor Relations Section
Conference calls for the media and analysts
- Conference call for the media
The conference call for the media will take place at 9:30 a.m. (CEST)
- Conference call for analysts
The conference call for analysts can be followed live via webcast at 2 p.m. (CEST)
Related News
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Press Releases
Q2 2025: Merck KGaA, Darmstadt, Germany, Delivers Profitable Organic Growth ...
Strong sales in Process Solutions and for blockbusters Mavenclad and Erbitux, sustained demand for Semiconductor Materials.
2025/08/07
Upcoming Events
View All EventsOur Q3 2025 results will be published on November 13, 2025, at 7 a.m. (CET). Our conference call for the media will take place at 09:30 a.m. (CET), and the conference call for analysts at 2 p.m. (CET).
Our Q4 2025 results will be published on March 5, 2026, at 7 a.m. (CET). Our press conference will take place at 10:00 a.m. (CET), and the conference call for analysts at 2 p.m. (CET).
Annual Reports Archive
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