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Group sales Group EBITDA pre one-time items
[...] Group Internal Auditing Bernd Reckmann Responsible for the Performance Materials and Merck Millipore divisions Born in 1955, biochemist; Joined Merck in 1986; Member of the Executive Board since 2007 Responsibility for Group functions: Environment; Health; Safety; Security; Quality Stefan Oschmann Responsible for the Merck Serono and Consumer Health divisions Born in 1957, veterinarian; Joined Merck in January 2011 as a Member of the Executive Board Responsibility for Group functions: Patents & Scientific Services Matthias Zachert Chief Financial Officer Born in 1967, university degree in business administration; Joined Merck in June 2011 as a Member of the [...]
[...] of sales to 35% (2011: 33%). The region grew organically by a high single-digit rate to which all four divisions contributed. Europe reported a 1.6% decline in organic sales triggered by flat to declining organic sales in all divisions except for Merck Millipore. Accordingly, Europe’s contribution to Group sales decreased to 37% in 2012, representing a continuous decline from 46% three years ago. This development is primarily due to the Millipore acquisition which included a strong U.S. franchise, a revised U.S. marketing and pricing strategy of Merck Serono as well as softening economic conditions and pricing pressures in the eurozone. Sales in the Rest of World [...]
Merck aspires to be a successful player in the pharmaceutical, life science tools and speciality chemicals industries, with leading positions in attractive segments of these markets. To achieve this, we are building on our leading brands in all four of our divisions in order to create a revenue stream that, in our current understanding, is widely protected from economic cycles. Furthermore, Merck has a solid market position in the Emerging Markets shown by a high exposure of more than one-third of Group sales. Current and future investments are targeted to benefit from future volume growth in the Emerging Markets. Merck is in the midst of a transformation, which [...]
[...] Board as well as the members of the Executive Board responsible for the Pharmaceuticals and Chemicals divisions. The Chairman of the Research and Development Committee is responsible, among other things, for analyzing and discussing the research activities of Pharmaceutical and Chemicals. The Pharmaceuticals and Chemicals divisions present the status of their respective research to the Research and Development Committee in special meetings. The Committee deals thoroughly with the pharmaceutical research progress report and with developments of new medicines in Phases II and III of clinical research. The Chairman of the Committee reports to the Board of Partners on [...]
