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Stock impact report

UPDATE 1-Fresenius raises 2019 sales outlook after Q2 hits targets [Reuters]

Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) (FMS) 
Last fresenius medical care ag american depositary shares (each representing 1/2 of an ordinary share) earnings: 7/31 04:03 pm Check Earnings Report
Company Research Source: Reuters
UPDATE 1-Fresenius raises 2019 sales outlook after Q2 hits targets (Adds details, results of subsidiary, and background) July 30 (Reuters) - German healthcare group Fresenius raised its full-year revenue target on Tuesday, citing solid second-quarter performance of all units, even as results of its key dialysis business came in slightly below expectations. The group said its second-quarter core operating profit (EBIT) fell by 5% to 1.12 billion euros ($1.25 billion) on an adjusted basis, while currency-adjusted revenue rose 6% to 8.8 billion euros, broadly in line with analysts’ expectations in a Refinitiv poll. The outlook is adjusted for the effects of an acquisition of the U.S. home dialysis firm NxStage in February, Fresenius said. The company expects full-year revenue growth between 4% and 7% in constant currency, compared with previous range of 3%-6%. The company’s separately listed dialysis unit Fresenius Medical Care reported its adjusted second-quarter revenue at 4.28 billion Show less Read more
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