Earnings Release • Aug 9, 2011
Earnings Release
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Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 2 million individuals worldwide. Through its network of 2,838 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatment to 225,909 patients around the globe. Fresenius Medical Care is also the world's leading provider of dialysis products such as hemodialysis machines, dialyzers and related disposable products.
With GOAL 13…
…new targets of the growth strategy were adopted in September 2010. Thereby we follow up the previous strategy, continuing to pursue the strategic four paths consistently in a financially responsible way to consolidate our position as world market leader in dialysis:
| Net revenue | \$ 3,194 million |
+ 8% |
|---|---|---|
| Operating income (EBIT) | \$ 510 million |
+ 9% |
| Net income attributable to Fresenius Medical Care AG & Co. KGaA | \$ 261 million |
+ 5% |
| Earnings per share | \$ 0.86 |
+ 4% |
| Total assets1 | \$ 19,053 million |
|
| Operating cash flow2 | \$ 487 million |
|
| Employees1 | 77,081 | + 5% |
| Patients1 | 225,909 | + 12% |
| Clinics1 | 2,838 | + 10% |
| Treatments2 | 16.56 million | + 9% |
| 1 as of June 30, 2011 |
2 in the first half of 2011
| Net revenue | > \$ 13.0 billion |
|---|---|
| Net income | \$ 1.070 - 1.090 billion |
| Leverage ratio (Debt/EBITDA) | < 3.0 |
| Capital expenditures | ~ 5% of revenue |
| Acquisitions | ~ \$ 1.9 billion |
Kent Wanzek
Dr. Ben J. Lipps (Chairman) Dr. Gerd Krick (Chairman)
| Ordinary shares | Preference shares |
|---|---|
| FME | FME3 |
| FMS | FMS/P |
| FMEG.DE / FMEG.F | FMEG_p.DE / FMEG_p.F |
| FME GY | FME3 GY |
| 578 580 | 578 583 |
| DE 0005785802 | DE 0005785836 |
| 358029106 | 358029205 |
| Year issued | Amount | Coupon % | Maturity | |
|---|---|---|---|---|
| in million | ||||
| Credit Agreement Term Loan A | 2006 | \$ 1,8501 | March 31, 2013 | |
| Credit Agreement Term Loan B | 2006 | \$ 1,7501 | March 31, 2013 | |
| Senior Notes 2010 - 2016 | 2010 | € 250 | 5.500% | July 15, 2016 |
| Senior Notes 2007 - 2017 | 2007 | \$ 500 | 6.875% | July 15, 2017 |
| Senior Notes 2011 - 2021 | 2011 | \$ 650 | 5.750% | February 15, 2021 |
| Senior Notes 2011 - 2021 | 2011 | € 300 | 5.250% | February 15, 2021 |
| Notes (Schuldscheindarlehen) | 2009 | € 155 | October 27, 2012 | |
| Notes (Schuldscheindarlehen) | 2009 | € 45 | October 27, 2014 |
1 at the beginning before amortisation and extension
| Event | Date | ||
|---|---|---|---|
| 56,00 | Report on Second Quarter 2011 | ||
| 54,00 | Quarterly Financial Report: | August 31, 2011 | |
| 52,00 | Report on Third Quarter 2011 | ||
| 50,00 | Earnings Release & Conference Call: | Nov. 2, 2011 | |
| 48,00 | Quarterly Financial Report: | Nov. 30, 2011 | |
| 46,00 | Report on Fiscal Year 2011: | February 21, 2011 | |
| 44,00 | Report on First Quarter 2012: | May 3, 2012 | |
| 42,00 | Annual General Meeting 2012: | May 10, 2012 | |
| 40,00 | Report on Second Quarter 2012: | August 1, 2012 | |
| 01.08.10 | 01.11.10 01.02.11 01.05.11 01.08.11 |
Report on Third Quarter 2012: | October 31, 2012 |
| Fresenius Medical Care AG & Co. KGaA Investor Relations & Corporate Communications Else-Kröner-Straße 1 61352 Bad Homburg |
||
|---|---|---|
| Oliver Maier Senior Vice President, Head of IR & CC |
P:+49(0)6172-609-2525 F: +49(0)6172-609-2301 |
|
| Gerrit Jost Director |
P:+49(0)6172-609-5216 | |
| North America Terry L. Morris Vice President |
P:+1-800-948-2538 F: +1-615-345-5605 |
|
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