Fresenius Medical Care Q2 Net Income Rises

(RTTNews) - Fresenius Medical Care reported that second quarter net income increased by 20%, or 23% at constant currency, to 225 million euros. Basic earnings per share increased by 20%, or up 23% at constant currency, to 0.77 euros. Net income excluding special items increased by 26%, or up 30% at constant currency, to 268 million euros. Basic EPS excluding special items increased by 26%, or up 30% at constant currency to 0.91 euros. Group revenue increased by 1%, or up 5% at constant currency, or 7% organic to 4.79 billion euros.

Fresenius Medical Care confirmed outlook for fiscal 2025 and expects revenue growth to be positive to a low-single digit percent rate compared to prior year. The company expects operating income excluding special items to grow by a high-teens to high-twenties percent rate compared to prior year. The company confirmed full year FME25+ target of around 180 million euros additional annual savings, totaling to 1.05 billion euros by year end 2027.

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