Merck KGaA reported net sales of €5.3 billion for the third quarter of 2025, reflecting organic growth of 5.2%. Foreign exchange effects reduced net sales by 4.9%, while portfolio effects added 0.7%. EBITDA pre increased organically by 8.8% to €1.7 billion, with foreign exchange effects of -6.5% and portfolio effects of +0.9%. Growth was mainly driven by the Process Solutions segment in Life Science, Rare Diseases in Healthcare, and Semiconductor Solutions in Electronics. The Healthcare sector saw organic sales growth of 4.6%, supported by strong performance in Cardiovascular, Metabolism & Endocrinology and sales of Mavenclad and Erbitux. The acquisition of SpringWorks Therapeutics contributed to positive portfolio effects, establishing Rare Diseases as a new strategic focus. Merck KGaA confirmed its guidance for the full year 2025.