Earnings Release • May 16, 2013
Earnings Release
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Rice Powell Chief Executive Officer and Chairman of the Management Board Frankfurt | May 16, 2013
| FY 2012 in \$ millions |
Growth | |
|---|---|---|
| Net revenue | 13,800 | +10% |
| Net income | 1,187 | +11% |
| Net income, adjusted for special items | 1,118 | + 4% |
| Operating cash flow | 2,039 | +41% |
Achieved targets for 2012
| Revenue | \$ 4,740 m | + 9%cc |
|---|---|---|
| Organic growth | + 6% | |
| Europe | \$ 2,893 m | + 6%cc |
| Asia-Pacific | \$ 1,043 m | + 7%cc |
| Latin America | \$ 804 m |
+24%cc |
| 1 | North America | 65% |
|---|---|---|
| 2 | Europe/Middle East/Africa | 21% |
| 3 | Asia-Pacific | 8% |
| 4 | Latin America | 6% |
| Patients 2012 | Treatments 2012 in millions |
Clinics 2012 | |
|---|---|---|---|
| Total | 257,916 | 38.6 | 3,160 |
| Growth | + 11% | + 12% | + 9% |
| North America | 164,554 | 24.4 | 2,082 |
| Growth | +16% | +13% | +13% |
| International | 93,362 | 14.2 | 1,078 |
| Growth | + 3% | + 11% | + 2% |
| Rank 1 | Rank 2 | |
|---|---|---|
| Dialyzers | FME | Gambro |
| Dialysis machines | FME | Gambro |
| Hemodialysis concentrates | FME | Fuso |
| Bloodlines | FME | Gambro |
| Peritoneal dialysis products | Baxter | FME |
| 1 | North America | 59% |
|---|---|---|
| 2 | Europe/Middle East/Africa | 24% |
| 3 | Asia-Pacific | 7% |
| 4 | Latin America | 10% |
More than doubled the number of employees over the last 10 years (2003: ~41,100)
Dialysis Services ~77% and Dialysis Products ~23%
Total Return 2003 to 2012 – Average annual performance
dividend per share growing at approx. 50% of the growth rate of the net income
dividend per share growing approx. in line with the growth in earnings per share
| In \$ millions | 2012 | 2013 E | Growth |
|---|---|---|---|
| Reported | |||
| Revenue | 13,800 | > 14,600 | > 6% |
| EBIT | 2,219 | 2,300-2,500 | 4-13% |
| Net income | 1,187 | ||
| Investment gain | -140 | ||
| Net income adjusted for investment gain |
1,047 | 1,100-1,200 | 5-15% |
FRESENIUS MEDICAL CARE. THE RENAL COMPANY. A LIFELONG COMITTMENT.
Thank you very much for your attention, your continued interest and your support!
Rice Powell Chief Executive Officer and Chairman of the Management Board Frankfurt | May 16, 2013
Safe Harbor Statement: This presentation includes certain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Act of 1934, as amended. The Company has based these forward-looking statements on its views with respect to future events an financial performance. Actual results could differ materially from those included in the forward-looking statements due to various risk factors and uncertainties, including changes in business, economic competitive conditions, regulatory reforms, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings and the availability of financing. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. These and other risks and uncertainties are discussed in detail in Fresenius Medical Care AG & Co. KGaA's (FMC AG & Co. KGaA) reports filed with the Securities and Exchange Commission (SEC) and the German Exchange Commission (Deutsche Börse).
Forward-looking statements represent estimates and assumptions only as of the date that they were made. The information contained in this presentation is subject to change without notice and the company does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable law and regulations.
If not mentioned differently the term net income refers to the net income attributable to the shareholders of Fresenius Medical Care AG Co. KGaA independent of being the reported or the adjusted number. Numbers mentioned are in US-\$.
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