1、curiousAnnual Report 2016infinitel yinfinitel yFor nearly 350 years,curious people have been bringing ideas to life at Merck.As a global science and technology company,a passion for research and discovery is our most valuable resource.With our three business sectors,namely Healthcare,Life Science an
2、d Performance Materials,we improve the quality of life of patients,increase the success of our customers,and offer solutions for diverse challenges.Curiosity is and remains our strongest driving force for future-oriented innovations.“Curiosity fuels business development and enables companies like ou
3、rs to remain competitive.In my opinion,we should even dare to be more curious.We need curiosity in order to understand technical progress and to shape our future actively and responsibly.”Stefan Oschmann,Chairman of the Executive Board and CEO of MerckMerckKey fi guresMERCK GROUPKey fi guresChange m
4、illion20162015 millionin%Net sales15,02412,8452,17917.0%Operating result(EBIT)12,4811,84363734.6%Margin(in%of net sales)116.5%14.3%EBITDA14,4153,3541,06131.6%Margin(in%of net sales)129.4%26.1%EBITDA pre exceptionals14,4903,63086123.7%Margin(in%of net sales)129.9%28.3%Profi t after tax1,6331,12450945
5、.3%Earnings per share()3.752.561.1946.5%Earnings per share pre exceptionals()16.214.871.3427.5%Business free cash fl ow13,3182,76655220.0%1 Not defi ned by International Financial Reporting Standards(IFRS).201615,024MERCK GROUPNet sales million10,75612,84511,36310,7352015201420132012MERCK GROUPEBITD
6、A pre exceptionals million4,4902,9653,6303,3883,25320162015201420132012MerckBusiness sectors and businessesPerformance Materials Life ScienceBiopharmaConsumer HealthPerformance Materials Business sectorsBusinessesHealthcareLife ScienceBiosimilarsAllergopharmaMerckHighlights of 2016January 28 Merck A