Fresenius SE & CO KGaA : Q3 due 1 November – Risks well priced in
>Sequential improvement at group level - Q3 revenues of € 10,315m (+10.6% y-o-y, 1% ahead of consensus) should be boosted by a strong forex tailwind of 730bp, while growth in local currencies is expected only to be at a level of 3.3%. On the bottom line, we forecast an operating profit of € 903m (-10.4% y-o-y, margin 8.8%) including € 25m one-time expenses. Our adj. EBIT of € 928m is close to the consensus (€ 933m). Last quarter of China headwind at Kabi...Fresenius is a health care group providing products and services for dialysis, hospitals and outpatient medical care. Co. operates four business segments: Fresenius Medical Care; Fresenius Kabi; Fresenius Helios; and Fresenius Vamed. Fresenius Medical Care provides dialysis care and dialysis products for patients with chronic kidney failure. Fresenius Kabi is engaged in the provision of generic drugs, infusion therapies, clinical nutrition products, related medical devices and transfusion technology. Fresenius Vamed manages projects and provides services for hospitals and other health care facilities. Fresenius Helios is a private hospital operator which only operates in Germany.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.