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German pharmaceutical company Merck announced that adjusted EBITDA for the first quarter increased by 5.6% to 1.54 billion euros, slightly higher than analysts' expectations of 1.51 billion euros. The company lowered its financial guidance, now expecting full-year adjusted EBITDA to be between 5.8 billion and 6.4 billion euros, lower than last year's 6.07 billion euros, to reflect the weakening US dollar and uncertainty surrounding tariff policies.
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