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Fresenius Medical Care AG & Co KGaA (FMEG.DE)

FMEG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Germany's FMC buys Indian dialysis group Sandor Nephro
Friday, 2 Sep 2016 03:34am EDT 

Fresenius Medical Care : Says acquires dialysis service provider Sandor Nephro services in India, which is expected to generate around $3 mln in 2016 revenues . Says to acquire 85 pct of equity interest in Indian dialysis group Sandor Nephro services from a group of investors .Expects investment to be accretive in 2017 on earnings after tax..  Full Article

FMC sticks to guidance after Q2 results
Monday, 1 Aug 2016 04:56pm EDT 

Fresenius Medical Care AG : Says q2 ebit $641 million . Says q2 net income $294 million . Says q2 sales $4,420 million . Reuters poll average for fmc q2 net revenue was $4.44 billion, ebit $634 million, net income $284 million .Says despite unfavorable foreign currency developments and continuous cost pressure, we are confident we will achieve our full year guidance.  Full Article

Fresenius Medical Care AG & Co KGaA confirms FY 2016 outlook
Tuesday, 3 May 2016 01:21am EDT 

Fresenius Medical Care AG & Co KGaA:Based on the positive Q1 business development, confirms outlook for FY 2016.Expects a currency-adjusted revenue growth between 7 percent and 10 percent for FY2016; net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA is expected to increase by 15 percent to 20 percent over the previous year.  Full Article

Fresenius Medical Care comments on FY 2016 outlook; to propose dividend
Wednesday, 24 Feb 2016 01:28am EST 

Fresenius Medical Care AG & Co KGaA:Shareholders will be asked to approve a dividend of 0.80 euros per share, increase of 3 pct compared to 2014.Based on projection Fresenius Medical Care provided for FY 2016, company is guiding for revenue to grow 7-10 pct at constant currency excluding acquisitions 2015 and 2016.Net income attributable to shareholders of Fresenius Medical Care is expected to increase by 15-20 pct in FY 2016 excluding acquisitions in 2015 and 2016.  Full Article

Fresenius Medical Care AG & Co KGaA reaches agreement in principle to resolve the GranuFlo/NaturaLyte product liability litigation
Wednesday, 17 Feb 2016 05:17pm EST 

Fresenius Medical Care AG & Co KGaA:Fresenius Medical Care North America has reached an agreement in principle with committee designated by plaintiffs to resolve litigation in United States involving GranuFlo/NaturaLyte.Settlement amount would be $250 million, provided that 97 pct of all plaintiffs agree to the settlement by July 2016 with the funding provided in August 2016.Company expects a pre-tax charge of $60 million from settlement and other costs to finalize this matter.  Full Article

Fresenius Medical Care AG & Co KGaA announces changes in management board
Wednesday, 27 Jan 2016 07:00pm EST 

Fresenius Medical Care AG & Co KGaA:Roberto Fusté to resign from his operational responsibilities and Management Board position effective March 31.Harry de Wit to succeed Roberto Fusté as the CEO and Management Board member for the region.  Full Article

Fresenius Medical Care confirms FY 2015 outlook
Thursday, 29 Oct 2015 02:05am EDT 

Fresenius Medical Care AG & Co KGaA:Confirms FY 2015 outlook.Expects FY 2015 revenue to grow at 5 pct - 7 pct, which at constant currency is a growth rate of 10pct - 12 pct.Net income attributable to shareholders is expected to increase by 0pct - 5pct in FY 2015.FY 2014 reported revenue $15.8 billion.FY 2015 revenue estimate $16.92 billion.  Full Article

Fresenius Medical Care AG & Co KGaA confirms FY 2015 outlook; lowers FY 2016 sales forecast; comments on FY 2020 outlook
Wednesday, 29 Jul 2015 04:53pm EDT 

Fresenius Medical Care AG & Co KGaA:For FY 2015 expects revenue to grow at 5-7 pct which at constant currency is a growth rate of 10-12 pct.Net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA is expected to increase 0-5 pct in FY 2015.For FY 2016 projections expects revenue to increase around 7-10 pct (previously 9-12 pct).This is due to fact that expects some of initiatives in Care Coordination operations to be delayed into following years.FY 2016 net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA is still expected to grow by 15-20 pct (unchanged).As disclosed in company's long-term target for FY 2020, expects revenue to grow at an average annual growth rate of approx. 10 pct and net income attributable to shareholders in high single digits.FY 2014 reported net revenue $15,832 million.  Full Article

Fresenius Medical Care AG & Co KGaA gives FY 2015 and FY 2016 outlook below analysts' estimates; comments on FY 2020 outlook; to propose dividend
Wednesday, 25 Feb 2015 01:42am EST 

Fresenius Medical Care AG & Co KGaA:At annual general meeting on May 19, shareholders will be asked to approve a dividend of 0.78 euros per share, increase of 1 pct from 2013 (0.77 euros).For 18th consecutive year, shareholders can expect to receive increased annual dividend.For FY 2015 expects revenue to grow at 5-7 pct which at constant currency is a growth rate of 10-12 pct.Net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA is expected to increase 0-5 pct in FY 2015.For FY 2016 expects acceleration of growth with revenue increase of 9-12 pct and net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA growing by 15-20 pct.As disclosed in company's long-term target for FY 2020, expects revenue to grow at an average annual growth rate of approx. 10 pct and net income attributable to shareholders in high single digits.FY 2014 net revenue $15,832 million.FY 2014 net income (attributable to shareholders) $1,045 million.FY 2015 revenue estimate $16,859 million - Thomson Reuters I/B/E/S.FY 2015 net income estimate $1,153 million - Thomson Reuters I/B/E/S.FY 2016 revenue estimate $18,052 million - Thomson Reuters I/B/E/S.FY 2016 net income estimate $1,302 million - Thomson Reuters I/B/E/S.  Full Article

Fresenius Medical Care AG & Co KGaA announces agreement to acquire Cogent Healthcare
Wednesday, 12 Nov 2014 07:00pm EST 

Fresenius Medical Care AG & Co KGaA:Announces that Sound Physicians Inc. (Sound) has entered into agreement to acquire Cogent Healthcare (Cogent) with more than 650 providers, who offer hospitalist and intensivist services to more than 80 hospitals throughout.Fresenius Medical Care is majority shareholder in Sound.Parties involved agreed not to disclose financial terms of the acquisition.  Full Article

German stocks - Factors to watch on September 6

FRANKFURT, Sept 6 The DAX top-30 index looked set to open 0.4 percent higher on Tuesday, according to premarket data from brokerage Lang & Schwarz at 0615 GMT.