Merck KGaA posts strong 2nd-qtr 2011 sales, but charges take toll on profit
German drug major Merck KGaA (MRK: DE) has posted solid revenue figures for the second quarter of 2011. However, a series of one-time charges adversely affected this quarter’s profits, and led to an operating loss of 11.4 million euros ($16.4 million). Net loss was 84.0 million euros compared with a profit of 186.9 million euros in the like 2010 quarter.
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