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FRANKFURT (dpa-AFX) – Solid figures from the diagnostics and biotechnology group Danaher were well received on the German stock market on Tuesday. With the shares of Merck KGaA (Merck) and Sartorius (Sartorius vz), two securities in the industry reacted positively to the US company’s figures.

While Merck KGaA rose by 2.1 percent in the DAX, Sartorius rose by 4.4 percent in the MDAX. Prices rose by 2.2 percent in the US premarket.

Danaher, with a market value of almost 140 billion US dollars, was significantly more profitable in the first quarter than expected. The adjusted operating margin was 30.2 percent, above the consensus estimate of 28.3 percent. With a view to adjusted earnings per share in the current second quarter, Danaher also became somewhat more optimistic than before./bek/jha/

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