Latest news with #Darmstadt
Yahoo
4 days ago
- Business
- Yahoo
Net profit up in second quarter for German tech firm Merck KGaA
Net profit rose in the second quarter compared to the same period of the previous year for German science and technology company Merck KGaA, the company reported on Thursday. Although Merck reported higher net profit, it had lower earnings before interest, taxes, depreciation and amortization (EBITDA), a key earnings metric, and margin amid weak net sales over the same period. Looking ahead, for fiscal 2025, Merck raised its guidance for EBITDA pre and now expects organic growth of 4% to 8%, compared to the previously expected 2% to 7%. The change was driven by positive guidance adjustments for life science and health care as well as high cost discipline in all business sectors. The company also raised expectations for life science and health-care EBITDA pre. Meanwhile, the company trimmed the higher end of its organic sales growth target range for the group to 2% to 5% from the previously expected 2% to 6%. In the second quarter, net profit grew 8.3% to €655 million ($765 million) from the previous year's €605 million. Earnings per share improved 7.1% to €1.50 from €1.40. Earnings per share pre amounted to €2.02, compared with €2.20 in the year-earlier quarter. EBITDA dropped 8.5% from last year to €1.35 billion, and the EBITDA margin declined to 25.6% from 27.5%. EBITDA pre was €1.46 billion, down 3.1% from €1.51 billion in the previous year. The EBITDA margin was 27.8%, down from 28.2% over the same period. Group net sales declined 1.8% to €5.26 billion from €5.35 billion, mainly due to negative foreign exchange effects of 4.2%. Net sales increased 2% organically despite ongoing geopolitical uncertainties.
Wall Street Journal
4 days ago
- Business
- Wall Street Journal
Germany's Merck Raises Earnings Growth Guidance, But Turns Cautious on Sales
Germany's Merck MRK -2.18%decrease; red down pointing triangle KGaA raised its full-year guidance for growth in underlying earnings, thanks to better prospects for its life-sciences and healthcare segments, but turned more cautious on sales. The life-sciences and chemicals group said Thursday that it now expects organic growth in earnings before interest, taxes, depreciation and amortization excluding exceptional items—its preferred profit metric—of 4% to 8% this year, up from its prior expectations of 2% to 7%. Cost discipline across the group also contributed to the increase, it said.
Al-Ahram Weekly
01-08-2025
- Sport
- Al-Ahram Weekly
Pyramids FC €2.5 mln bid for Darmstadt striker Lidberg rejected - Egyptian Football
Egyptian Premier League side Pyramids FC's €2.5 million offer for Swedish striker Isac Lidberg was rejected by German 2. Bundesliga club SV Darmstadt 98, according to a report by Sky Sport DE's Florian Plettenberg on Thursday. The bid, which included a 10 percent sell-on clause in favour of Darmstadt, marks the latest move by the ambitious Cairo-based club to bolster their squad following their maiden CAF Champions League triumph in April 2025. Lidberg, who joined Darmstadt in the summer of 2024, has emerged as a key asset for the "Lilien," with his aerial prowess and clinical finishing drawing interest from across the continent. The 23-year-old forward is reportedly considering the offer. Still, Darmstadt's sporting director, Paul Fernie, has signalled a firm stance, indicating negotiations will only resume for an "exceptional offer" exceeding the initial proposal. Pyramids FC have risen to prominence in recent years, finishing second in the Egyptian Premier League Championship play-offs in the 2024-25 season and defeating South African side Mamelodi Sundowns to claim their first CAF Champions League title. (For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.) Follow us on: Facebook Instagram Whatsapp Short link:
Yahoo
17-07-2025
- Business
- Yahoo
Intersnack to invest €85m in Alsbach plant to expand production
Germany-based snacks manufacturer Intersnack plans to invest €85m ($98m) in its plant in Alsbach. Intersnack said in a statement it is planning a 10,000 square-metre extension to its factory near Darmstadt, including a production hall with an integrated logistics area. According to the company, it is looking to modernise the plant to expand production capacity, complete with sustainability initiatives. By switching to renewable energies, the group hopes to more than halve its CO2 emissions. The modernisation project will also secure the jobs of the 470 employees at the site and create new prospects for future growth. Managing director for operations at Intersnack in Germany, Jan van den Broek, said: "As one of the market leaders in the salty snacks category, we want to continue our growth of recent years. 'Important prerequisites for this are sufficient capacities, state-of-the-art production technologies and qualified and committed employees. 'For this reason, we are investing in a long-term and secure future for the Alsbach site. A special focus is on increasing sustainability and optimising our production processes." Construction of the extension at Alsbach is currently scheduled to start in the summer of 2026, Intersnack said. The Cologne-based salty snacks company operates five production plants in Germany. The peanut butter brand Whole Earth was added to its portfolio in 2024. Intersnack also owns the Estrella and McCoy's brands. "Intersnack to invest €85m in Alsbach plant to expand production" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Times
09-07-2025
- Health
- Times
Doctors operate on teddy bears to ease children's fear of hospital
If you should go down to the Darmstadt clinic today, you're sure of a big surprise. At first glance the hospital ward looks much like any other, with an operating theatre, an x-ray machine and a pharmaceutical dispensary. The only anomaly is the patients: a plush toy whale with a tear in its underbelly, a stuffed dinosaur with a broken leg, and a teddy bear called Fridolin who complains of stomach pains after swallowing too much cotton wool. For a few days each summer the western German city's teaching hospital, which trains medical students from the distinguished universities in Frankfurt and Heidelberg, is converted into a triage centre for cuddly toy animals. This year more than 600 children from Darmstadt's nurseries, the largest cohort yet, were invited to visit the facility in an effort to educate them about the basic mechanics of the human body and ease any fear they might have of doctors or medical procedures. The kindergarteners, between the ages of three and six, are advised to bring their own soft toys for treatment and dress up in scrubs and masks to carry it out themselves. The 'teddy bear hospital' is staffed by 20 medical students approaching the end of their practical year. The highlight is a demonstration of live surgery on Fridolin, whose chest is opened up to reveal his heart. Across eight rooms, the children watch the students applying bandages, taking x-rays and measuring their toys' temperatures. Those deemed to require drugs can obtain imitation pills from a trainee pharmacist. There is also a dedicated ambulance from the German Red Cross, manned by volunteers and another teddy bear named Tom. Bettina Brandt, the student co-ordinator who organises the teddy bear hospital, said: 'It's always great fun for both the children and the students. [The students] also learn a lot from interacting with the children and conducting the medical examinations.' The programme is sponsored by a Darmstadt citizens' initiative, an organic supermarket, a car dealership and a pharmacy. 'Promoting health starts with the very youngest,' said Clemens Maurer, a spokesman for the hospital. 'We want them to lose their angst around medical professionals or a stay in hospital, since the whole thing no longer seems so alien to them afterwards.'
