07.05.2024 07:36:44 - dpa-AFX: Fresenius Medical Care Q1 Net Income Declines; Confirms FY24 Outlook

BAD HOMBURG VOR DER HOEHE (dpa-AFX) - Fresenius Medical Care reported that
its first quarter net income to shareholders decreased by 18%, or down 17% at
constant currency, to 71 million euros. Basic earnings per share decreased by
18%, or down 17% at constant currency, to 0.24 euros. EPS on outlook base
increased by 35% to 0.67 euros.

First quarter revenue was 4.72 billion euros, up 2% at constant currency, or an
increase of 5% organic.

Fresenius Medical Care confirmed outlook for fiscal 2024 and expects revenue to
grow by a low- to mid-single digit percent rate. The company expects operating
income to grow by a mid- to high-teens percent rate. The company reconfirmed
targets to achieve an operating income margin of 10% to 14% by 2025.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FRESEN.MED.CARE AG INH ON 578580 Xetra 40,460 17.05.24 17:35:06 -1,260 -3,02% 0,000 0,000 40,300 40,460

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