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

FMEG.DE on Xetra

91.06EUR
19 Jan 2018
Change (% chg)

€1.28 (+1.43%)
Prev Close
€89.78
Open
€89.72
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€91.06
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€89.60
Volume
706,970
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560,481
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€92.50
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€74.43

Latest Key Developments (Source: Significant Developments)

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

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