Fresenius Medical (FMS) Divests Assets to Optimize Portfolio [Yahoo! Finance]
Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) (FMS)
Last fresenius medical care ag american depositary shares (each representing 1/2 of an ordinary share) earnings: 7/31 04:03 pm
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freseniusmedicalcare.com/en/investors/investors-overview
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Source: Yahoo! Finance
The transactions, subject to regulatory approvals in Brazil, Colombia and Ecuador, represent a milestone in the company's portfolio optimization program. The transactions, which are expected to close throughout 2024, are expected to further reduce Fresenius Medical's clinic footprint in Latin America as this follows its exit from Argentina at the end of 2023. The latest divestment is expected to significantly boost FMS' portfolio optimization program and boost its business. Rationale Behind the Divestment Per Fresenius Medical's estimates, these four separate transactions, in aggregate, represent 154 dialysis clinics and more than 30,000 dialysis patients. Per management, the divestment of assets will likely optimize Fresenius Medical's portfolio, reduce complexity and improve profitability. The company is expected to use the proceeds to reduce its debt. Industry Prospects Per a report by Precedence Research, the global end-stage renal disease market was estimated to be
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News
- Global Hemodialysis and Peritoneal Dialysis Research Report 2024-2029: Increasing Growth Opportunities in Emerging Economies, Rising Number of Dialysis Centers, Growing Preference for Home Care [Yahoo! Finance]Yahoo! Finance
- Fresenius Medical Care AG (NYSE: FMS) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Fresenius Medical Care (ETR:FME) earnings and shareholder returns have been trending downwards for the last five years, but the stock soars 14% this past week [Yahoo! Finance]Yahoo! Finance
- Fresenius Medical Care AG (NYSE: FMS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Fresenius Accelerates Momentum in its (Bio)Pharma Business and Launches Tyenne®, its Third Approved Biosimilar in the U.S. [Yahoo! Finance]Yahoo! Finance
FMS
Earnings
- 8/3/23 - In-Line
FMS
Sec Filings
- 5/3/24 - Form 6-K
- 3/28/24 - Form 6-K
- 3/13/24 - Form 6-K
- FMS's page on the SEC website