Germany's Merck KGaA predicts earnings gain in 2021

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Merck, which also makes pharmaceuticals and specialty chemicals, said on Thursday it expects earnings before interest, taxes, depreciation and amortisation (EBITDA) adjusted for one offs, to grow in the high single-digit to low teens percentage range.

Adjusted EBITDA in 2020 rose 18.6% to 5.2 billion euros ($6.27 billion), it added.

($1 = 0.8295 euros)