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Merck KGaA Q2 Profit Rises; Total Revenues Up 16% - Quick Facts

July 29, 2010, Thursday, 05:55 GMT | 00:55 EST | 10:25 IST | 12:55 SGT

(RTTNews) - Merck KGaA (MKGAY.PK) reported second quarter profit after tax stood at ?‚¬186.9 million versus ?‚¬109.9 million last year. Net profit after non-controlling interest was ?‚¬183.4 million compared with ?‚¬108.5 million a year ago.

Earnings per share were ?‚¬0.84, up from ?‚¬0.50 in the prior year. Core earnings per share for the quarter rose to ?‚¬1.44 from ?‚¬1.10 a year earlier.

Total revenues for the quarter rose 16% to ?‚¬2.21 billion from ?‚¬1.91 billion in the previous year.

The company is providing guidance for 2010 that includes Millipore's expected second-half total revenues of EUR 670 million and core operating result of EUR 165 million.