Investor Presentation • Oct 1, 2016
Investor Presentation
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October 2016
This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of clinical trials, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. Fresenius does not undertake any responsibility to update the forward-looking statements contained in this presentation.
~€27.6 bn in Sales
Strong portfolio of products (30% of sales) and services (70% of sales)
(as of Dec. 31, 2015) Total Shareholder Return: 10-year CAGR: ~20%
Global presence in 100+ countries
222,000+ employees worldwide (as of Dec 31, 2015)
Ownership: 31% Ownership: 100% Ownership: 100% Ownership: 77%
Dialysis Products Healthcare ServicesHospital Supplies and ServicesHospital Operations Hospital Projects and ServicesSales 2015: US\$16.7 bn Sales 2015: €6.0 bn Sales 2015: €5.6 bn Sales 2015: €1.1 bn
| 6 0 + |
l d l i 6 0 W t + o r p o p u a o n a g e 1 l l h b b i 2 2 0 5 0 > e a c n y w r |
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l d l W i 8 0 t + o r p o p u a o n a g e 1 i l l h 0 0 i l l i b 2 0 0 4 5 o w r e a c m n y ~ |
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| f 2 0 0 8 0 % l d l i l l l i I 5 n o o e p e o p e e r w v , 1 l d k i D i E i M t n e e o p n g a n m e g n g a e s v r r |
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| 2 5 m |
h d h D C i D i t t e a s u e o r o n c s e a s e s a r e j d i f 3 8 i l l i t t p r o e c e o n c r e a s e r o m m o n 2 i l l i b i 2 0 1 2 5 2 2 0 3 0 t n o m o n y |
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Source: 1 WHO: 10 facts on aging and the life course 2WHO: Global status report on non communicable diseases
per capita (2014 vs. 2004 - USA US\$9,403 (+147%), China: US\$420 (+592%), India: US\$75 (+277%)1
1/3
By 2022, one third of all global health expenditure will occur in Emergin g Economies 2
Health care spendin g in developed countries is growin g steadily (2012-2022 with ~4% p.a. 2)
Source:1 World Bank: Health expenditure per capita;
2World Economic Forum: Health Systems Leapfrogging in Emerging Economies – Project Paper (2014)
Dialysis services
• Expansion in Care Coordination and global dialysis service opportunities; enter new geographies
• Aging population, increasing incidence of diabetes and high blood pressure, treatment quality improvements
1As of Sep 30, 2016
• Focus on organic growth through geographic product rollouts and new product launches
•>€33 bn
• Patent expirations, rising demand for health care services, higher health care spending in Emerging Markets
1 German Federal Statistical Office 2015; total costs, gross of the German hospitals less academic research and teaching 2 As of Sep 30, 2016
•~€91 bn1
• Aging population leading to increasing hospital admissions, further market consolidation
112 hospitals
34,000 beds
Manages hospital construction/expansion projects (51% of sales) and provides services (49% of sales) for health care facilities worldwide
Projects
Services
Strong track record: More than 760 projects in 78 countries completed
7378461.020 1.042 1.118'11 '12 '13 '14 '154451555964'11 '12 '13 '14 '15Sales in € million EBIT in € million CAGR11%CAGR10%
1 2011-2015 adjusted due to debt issuance cost restatement (U.S. GAAP standard ASU 2015-03)
Source: Bloomberg; dividends reinvested
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N e w |
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| S l h t i a e s g r o w o r g a n c |
3 % % 5 – |
% 6 % 4 – |
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| h ( ) E B I T t g o c c r w |
3 % 5 % – |
4 % 6 % – |
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| l h S i t a e s g r o w o r g a n c |
3 % 5 % – |
h d u n c a n g e |
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| E B I T |
€ 6 7 0 7 0 0 m – |
h d n a n g e u c |
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| l h S i t a e s g r o w o g a n c r |
5 % 1 0 % – |
h d n c a n g e u |
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| h E B I T t g r o w |
% 0 % 5 1 – |
h d u n c a n g e |
| 2 0 1 5 |
2 0 1 6 |
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| l A t c u a |
O l d |
N e w |
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| S l h t a e s g o r w t t c o n s a n c u r r e n c y |
€ 2 6 b 7 n |
6 % 8 % – |
h d n n g e u c a |
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| 1 i h N t t e n c o m e g r o w |
€ 2 3 1, 4 m |
% % 1 1 1 4 – |
2 % % 1 1 4 – |
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| t t c o n s a n c e n c u r r y |
1 Net income attributable to shareholders of Fresenius SE&Co.KGaA; 2015 before special items
Number of shares1 546,932,731 Ticker symbol FRE Bloomberg symbol FRE GR Reuters symbol FREG.de
Ticker symbol FSNUY Depositary bank Deutsche Bank
WKN / ISIN 578560 / DE0005785604
Ratio 4 ADRs = 1 ordinary share ADR CUSIP / ISIN 35804M105 / US35804M1053 Exchange OTCQX International Premier Structure Sponsored Level I ADR
As of September 30, 2016
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