16.10.2018 23:08:53
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DGAP-Adhoc: Fresenius Medical Care AG & Co. KGaA adjusts targets for fiscal year 2018
DGAP-Ad-hoc: Fresenius Medical Care AG & Co. KGaA / Key word(s): Change in Forecast
Fresenius Medical Care, the world's largest provider of dialysis products and services, has decided to adjust its targets for fiscal year 2018 as the business development in the third quarter 2018 was below the company's expectations. - Revenue growth target on a comparable basis for fiscal year 2018 is adjusted to 2 to 3 percent (previously: 5 to 7 percent) at constant currency due to a weaker than expected growth in the Health Care Services business in North America and the difficult economic environment in certain emerging countries. - Net income attributable to shareholders of Fresenius Medical Care AG & Co. KGaA on a comparable basis is expected to increase by 11 to 12 percent (previously: 13 to 15 percent) at constant currency. On an adjusted basis, net income is expected to increase by 2 to 3 percent (previously: 7 to 9 percent) at constant currency. The company's 2018 targets exclude the effects of the planned acquisition of NxStage Medical, Inc. and the gain (loss) related to divestitures of Care Coordination activities and do also not include the contributions to the opposition to the ballot initiatives in the U.S. Definitions and explanations regarding the Alternative Performance Measures can be found in our Second Quarter Interim Report on IFRS, p. 16 et seqq. and 44 et seqq., available at: https://www.freseniusmedicalcare.com/fileadmin/data/com/pdf/investors/News___Publications/Financial_Report/2018/QB_Q2_2018_IFRS_EN.pdf Person making the notification: For more information visit the company's website at www.freseniusmedicalcare.com.
16-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Fresenius Medical Care AG & Co. KGaA |
Else-Kröner-Straße 1 | |
61352 Bad Homburg | |
Germany | |
Phone: | +49 (0) 6172- 609 2525 |
Fax: | +49 (0) 6172- 609 2301 |
E-mail: | ir@fmc-ag.com |
Internet: | www.freseniusmedicalcare.com |
ISIN: | DE0005785802 |
WKN: | 578580 |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; NYSE, Luxembourg Stock Exchange |
End of Announcement | DGAP News Service |
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734345 16-Oct-2018 CET/CEST
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