FRANKFURT, July 31 German healthcare group
Fresenius SE lifted its full-year sales outlook on
Thursday to include acquisitions at its subsidiary Fresenius
Fresenius, which also operates hospitals, raised its
full-year outlook for sales to grow by 14-16 percent, excluding
the effect of currency swings. It had previously predicted
growth of 12-15 percent.
It still expects adjusted net income to grow by 2-5 percent
at constant currencies.
First-half adjusted net income rose 1 percent to 487 million
euros, broadly in line with the 483 million euro average
estimate in a Reuters poll.
Its subsidiary Fresenius Medical Care, the world's largest
kidney dialysis provider, said second-quarter net income
declined 11 percent to $234 million, less than the $252 million
average expectation in a Reuters poll.
In June, Fresenius Medical Care agreed to buy a majority
stake in U.S.-based Sound Inpatient Physicians Inc for about
$600 million in its drive to offer additional services linked to
its core business of kidney dialysis.
($1 = 0.7205 Euros)
(Reporting by Ludwig Burger; Editing by Jonathan Gould)