April 30, 2013 / 5:15 AM / 4 years ago

CORRECTED-Fresenius earnings below consensus on healthcare cuts

(Corrects second paragraph to show Q1 adj net income was 224 mln eur, not 223 mln)

FRANKFURT, April 30 (Reuters) - German diversified healthcare group Fresenius SE posted first-quarter adjusted net income slightly below market expectations on healthcare budget cuts in the United States.

Quarterly adjusted net income gained 12 percent to 224 million euros ($292 million), it said on Tuesday, lower than the consensus estimate of 231 million euros.

Fresenius confirmed it saw 2013 sales growth of 7-10 percent and adjusted net income growth of 7-12 percent, both adjusted for currency swings.

$1 = 0.7634 euros Reporting by Ludwig Burger; Editing by Maria Sheahan

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