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

FMEG.DE on Xetra

77.61EUR
24 Mar 2017
Change (% chg)

€0.12 (+0.15%)
Prev Close
€77.49
Open
€77.45
Day's High
€77.81
Day's Low
€77.02
Volume
511,326
Avg. Vol
676,197
52-wk High
€85.65
52-wk Low
€70.00

Latest Key Developments (Source: Significant Developments)

Fresenius CEO says larger takeovers possible
Wednesday, 22 Feb 2017 05:42am EST 

Fresenius CEO : Says have looked at biosimilars and don't rule out becoming active in that area . Says doesn't see any major steps in terms of entering new hospital markets before 2019/2020 . Says is confident will present a new cfo soon . Says larger takeovers are possible Further company coverage: [FMEG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

FMC cannot yet assess impact of any changes to Obamacare - CEO
Wednesday, 22 Feb 2017 05:24am EST 

FMC CEO : Says tax cuts in the U.S. would be good for us . Says cannot yet say whether or to what extent changes to Obamacare will have an impact on the dialysis sector and FMC Further company coverage: [FMEG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Fresenius Medical Care acquires majority stake in Cura Group
Friday, 3 Feb 2017 02:00am EST 

Fresenius Medical Care AG & Co KGaA : Is acquiring a majority stake in Cura Group and scales up in Australia . This transaction is subject to remaining shareholder agreements, authority approval and will be financed through a combination of cash and debt .Fresenius Medical Care expects the investment to be accretive on operating earnings in the first year after closing.  Full Article

Fresenius Medical Care reaches agreement on outstanding payments
Tuesday, 31 Jan 2017 04:06am EST 

Fresenius Medical Care AG & Co KGaA : Reaches agreement on outstanding payments . Agreement resolves litigation that began in March 2014 . Reached amicable agreement with U.S. Departments of veterans affairs and justice resolving reimbursement for services provided to veterans . The agreement is expected to increase FMC´s recognition of revenue in 2017 by approximately 100 million euros ($107.03 million) . Estimated net income gain attributable to shareholders of FMC is expected to be around 45 million to 50 million euros, after giving consideration to non-controlling interest and income taxes Further company coverage: [FMEG.DE] ($1 = 0.9343 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;)).  Full Article

Fresenius, FMC to focus on IFRS reporting standard, drop U.S. GAAP
Thursday, 1 Dec 2016 03:04am EST 

Fresenius Se : Says will focus on ifrs reporting starting fiscal year 2017 . Says will then no longer provide u.s. Gaap financial information . Says will focus on ifrs reporting and discontinue u.s. Gaap financial statements . Says will focus its reporting on financial statements in accordance with international financial reporting standards (ifrs) in euro currency starting with the 2017 fiscal year on january 1, 2017 .Says discontinuation of u.s. Gaap reporting will not affect the sponsored level 2 american depositary receipt (adr) program of fresenius medical care ag & co. Kgaa in the united states.  Full Article

zfhn Zukunftsfonds Heilbronn sells XENIOS to Fresenius Medical Care
Monday, 31 Oct 2016 06:46am EDT 

zfhn Zukunftsfonds Heilbronn: Says has sold medical technology company XENIOS AG to Fresenius Medical Care AG & Co. KGaA .Sale price of the transaction was not disclosed.  Full Article

Fresenius Medical Care confirms 2016 outlook
Thursday, 27 Oct 2016 01:09am EDT 

Fmc Ag : Group revenue +9% (+9% at constant currency), driven by a strong performance in health care services . Says Q3 net revenue $4.598 billion . Says Q3 ebit $670 million . Says Q3 net income $333 million . Full year 2016 guidance confirmed . Expects a currency-adjusted revenue growth between +7% and +10% for 2016 .Net income attributable to shareholders of fresenius medical care ag & co. Kgaa is expected to increase by +15% to +20% over the previous year.  Full Article

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

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