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Stock impact report

UPDATE 2-Fresenius flags faster earnings growth from 2020 after investment [Reuters]

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 Check Earnings Report
Company Research Source: Reuters
Fresenius flags faster earnings growth from 2020 after investment BERLIN (Reuters) - Fresenius expects earnings to grow faster than sales from 2020 after investments to improve its German hospitals and scale up its home dialysis business eat up profit this year, the German healthcare group said on Wednesday. Fresenius, which makes generic infusion drugs and operates hospitals and dialysis clinics, expects sales to rise between 3 and 6 percent this year compared with 6 percent last year, while profit should stay around the same level as 2018. “2019 will be a year of investment in growth areas such as home dialysis, biosimilars and new hospital services and therapies,” Chief Executive Stefan Sturm said in a statement. From 2020-2023, Fresenius is targeting a compound annual organic sales growth rate of 4-7 percent while net income should grow at a faster rate, in a range of 5-9 percent. Fresenius shares lost over a third of their value in 2018 as investors were rattled by operating prob Show less Read more
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