Profitable Organic Growth Amid Strong Currency Headwinds

Strong sales in Process Solutions and for blockbusters Mavenclad and Erbitux, sustained demand for Semiconductor Materials.

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

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

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.

Belén Garijo

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

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  1. 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

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