Fresenius SE & Co. KGaA / Key word(s): Change in Forecast
01.08.2016 22:49
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Fresenius raises 2016 earnings guidance
Based on the Group's excellent financial results in the first half of 2016
and strong prospects for the remainder of the year, Fresenius raises its
2016 Group earnings guidance. Net income* is now expected to grow by 11% to
14% in constant currency. Previously, Fresenius expected net income* growth
of 8% to 12% in constant currency. The company confirms its Group sales
guidance. Sales are expected to increase by 6% to 8% in constant currency.
Fresenius Kabi also raises its outlook for 2016 and now expects organic
sales growth of 3% to 5% and EBIT** growth in constant currency in the
range of 3% to 5%. Previously, Fresenius Kabi projected low single-digit
organic sales growth and EBIT** in constant currency to be roughly flat
compared with 2015.
* Net income attributable to shareholders of Fresenius SE & Co. KGaA;
2015 before special items
** 2015 before special items
For additional information on the performance indicators used please refer
to pages 25, 40, 56f., 100f. and 194 of the Annual Report 2015 of Fresenius
SE & Co. KGaA. Constant currencies for income and expenses are calculated
using 2015 average rates (cf. Annual Report 2015, page 111).
(https://www.fresenius.com/financial_reporting/
Fresenius_GB_US_GAAP_2015_englisch.pdf).
(Financial statements according to U.S. GAAP)
Fresenius SE & Co. KGaA,
represented by Fresenius Management SE,
Board of Management
Bad Homburg v.d.H., August 1, 2016
Contact:
Markus Georgi
Senior Vice President Investor Relations
T: +49 (0) 6172 608-2485
markus.georgi@fresenius.com
End of note
01.08.2016 The DGAP Distribution Services include Regulatory Announcements,
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Archive at www.dgap.de
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Language: English
Company: Fresenius SE & Co. KGaA
Else-Kröner-Straße 1
61352 Bad Homburg v.d.H.
Germany
Phone: +49 (0)6172 608-2485
Fax: +49 (0)6172 608-2488
E-mail: ir-fre@fresenius.com
Internet: www.fresenius.com
ISIN: DE0005785604
WKN: 578560
Indices: DAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard),
Munich; Regulated Unofficial Market in Berlin, Hamburg,
Hanover, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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