Merck KGaA FY20 Profit Up, Lifts Dividend; Sees Organic Growth In FY21

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German drug major Merck KgaA reported Thursday significantly higher profit in its fiscal 2020 with strong sales growth in Life Science and Electronics business sectors. The company also announced a higher dividend. Looking ahead for fiscal 2021, Merck expects to deliver strong organic net sales growth, driven mainly by the Healthcare and Life Science business sectors.