Earnings Release • Feb 20, 2008
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 20 February 2008 07:01
Fresenius SE: Record financial results and positive outlook for 2008
Fresenius SE / Final Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Fresenius achieves record financial results in 2007
All financial targets met or exceeded
Positive outlook for 2008
Group sales increased by 5 % at actual rates and by 10 % in constant
currency to € 11,358 million (2006: € 10,777 million). Organic growth was
6 %. Acquisitions contributed a further 6 %. Divestitures reduced sales
growth by 2 %. Currency translation had a negative impact of 5 %.
Group EBIT increased by 11 % at actual rates and by 17 % in constant
currency to € 1,609 million (2006: € 1,444 million). The Group’s EBIT
margin improved to 14.2 % (2006: 13.4 %).
Group net income grew by 24 % at actual rates and by 28 % in constant
currency to € 410 million (2006: € 330 million). Earnings per ordinary
share were € 2.64, earnings per preference share were € 2.65 (2006:
ordinary share € 2.15, preference share € 2.16). This represents an
increase of 23 % for both share classes.
The Management Board will propose to the Supervisory Board a dividend
increase to € 0.66 per ordinary share (2006: € 0.57) and to € 0.67 per
preference share (2006: € 0.58) for fiscal year 2007.
The outlook is positive: Fresenius Group projects 2008 sales growth of 8 to
10 % in constant currency. Net income is expected to increase by 10 to 15 %
in constant currency.
(Financial statements according to US-GAAP)
The Management Board
Bad Homburg v.d.H., February 20, 2008
End of note
20.02.2008 Financial News transmitted by DGAP
Language: English
Issuer: Fresenius SE
Else-Kröner-Straße 1
61352 Bad Homburg v.d.H.
Deutschland
Phone: +49 (0)6172 608-2485
Fax: +49 (0)6172 608-2488
E-mail: [email protected]
Internet: www.fresenius.de
ISIN: DE0005785638, DE0005785604
WKN: 578563, 578560
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (General Standard), München,
Düsseldorf; Freiverkehr in Berlin, Hamburg, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.