Investor Presentation • May 24, 2016
Investor Presentation
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Frankfurt stock exchange (DAX30): FRE │ US ADR program (OTC): FSNUY │ www.fresenius.com/investors
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)
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
Source: 1 WHO: 10 facts on aging and the life course WHO: Global status report on non communicable diseases
Increasing health expenditure per capita (2014 vs. 2004 - USA US\$9,403 (+147%), China: US\$420 (+592%), India: US\$75 (+277%)1
By 2022, one third of all global health expenditure will occur in Emerging Economies2
Health care spending in developed countries is growing steadily (2012-2022 with ~4% p.a.2)
Source: 1 World Bank: Health expenditure per capita; World 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
Global Dialysis Market 2015: ~US\$73 bn; ~6% patient growth p.a.
Growth Drivers: Aging population, increasing incidence of diabetes and high blood pressure, treatment quality improvements
1As of Mar 31, 2016
2,327
Focus on organic growth through geographic product rollouts and new product launches
Global Addressable Market 2015: >€33 bn
Growth Drivers: Patent expirations, rising demand for health care services, higher health care spending in Emerging Markets
German Acute Care Hospital Market: ~€91 bn1
Growth Drivers: Aging population leading to increasing hospital admissions, further market consolidation
Outpatient
1 German Federal Statistical Office 2015; total costs, gross of the German hospitals less academic research and teaching 1 As of Dec 31, 2015
34,000 beds
Manages hospital construction/expansion projects (51% of sales) and provides services (49% of sales) for health care facilities worldwide
Projects
Services
Emerging Market demand for building and developing hospital infrastructure
Outsourcing of non-medical services from public to private operators
64
1 2011-2015 adjusted due to debt issuance cost restatement (U.S. GAAP standard ASU 2015-03)
Source: Bloomberg; dividends reinvested
| l h S i t a e s g r o o g a n c w r |
l i l d i i t o s n g e- g w |
|
|---|---|---|
| E B I T t t c o n s a n c e n c u r r y |
h l f l t o g a r u y |
|
| l h S i t a e s g o o g a n c r w r |
3 % 5 % – |
|
| E B I T |
€ 6 7 0 7 0 0 m – |
|
| l h S t i a e s g r o o g a n c w r |
5 % 1 0 % – |
|
| h E B I T t g r o w |
5 % 1 0 % – |
| l h S t t t a e o s g r w c o n s a n c u r r e n c y |
6 % 8 % ‒ |
|---|---|
| 1 N I h t t t t e o e o n c m g r w c o n s a n c u r r e n c y |
8 % 1 2 % ‒ |
1 Net income attributable to shareholders of Fresenius SE&Co.KGaA; 2015 before special items
| F Y 2 0 1 9 |
|
|---|---|
| S l a e s |
€ 3 6 € 0 b 4 n – |
| N t I e n c o m e |
€ 2 0 € 2 2 b 5 n – |
Net income attributable to shareholders of Fresenius SE&Co.KGaA; 2015 before special items
| b f h 1 N m e o s a e s u r r |
5 4 5, 9 6 0, 7 0 2 |
|
|---|---|---|
| / W K N I S I N |
8 / 8 5 7 5 6 0 D E 0 0 0 5 7 5 6 0 4 |
|
| k b l T i c e r s y m o |
F R E |
|
| B l b b l o o m e r g s y m o |
F R E G R |
|
| b l R t e e m o u r s s y |
d F R E G e |
| R i t o a |
d h 4 A D R 1 i o n e s r a r y s a r = |
|---|---|
| / A D R C U S I P I S I N |
/ 3 5 8 0 4 M 1 0 5 U S 3 5 8 0 4 M 1 0 5 3 |
| k b l T i c e r s y m o |
S F N U Y |
| h E x c a n g e |
O C Q i l i T X I t t P n e r n a o n a r e m e r |
| S t t r u c u r e |
d l S L I A D R p o n s o r e e v e |
| b k D i t e p o s a a n r y |
h k D B t e s c e a n u |
1As of April 30, 2016
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