Merck back to profits on lower one-time costs
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German pharmaceutical and high-tech materials, Merck says it in the second quarter net profit of 316 million euros ($ 420 million), rebounding from a loss a year ago.
Darmstadt company lost 63 million euros last year 376 million euros in its restructuring plan to cut costs and expenses.
Merck & Co. said Tuesday that its cost-cutting program to help profits. Flat-screen TVs, mobile phones and digital cameras, liquid crystal material used strong sales growth.
The company also saw price increases, it becomes the treatment of multiple sclerosis Libby provides a portable single-dose syringes.
Revenue fell 0.4% to $ 2.84 one billion euros, yen weakness injury.
Merck from Merck, the company in the United States are different.