Fresenius SE & Co. KGaA

Earnings Release • May 3, 2006

News Details

Ad-hoc | 3 May 2006 07:32

Fresenius AG: First quarter 2006: Extremely strong start into fiscal year 2006

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— First quarter 2006: Extremely strong start into fiscal year 2006 In the first quarter 2006, Group sales increased by 34 % to € 2,388 million (Q1 2005: € 1,787 million). Organic growth was excellent, contributing 9 % to revenue growth. Acquisitions contributed 18 %, in particular due to the first-time consolidation of HELIOS Kliniken in the income statement. Currency translation effects contributed 7 % to revenue growth. Group EBIT rose 37 % at actual rates and 31 % in constant currency to € 291 million (Q1 2005: € 212 million). Group net income grew significantly by 41 % at actual rates and by 35 % in constant currency to € 65 million (Q1 2005: € 46 million). This result includes one-time expenses of approximately € 13 million primarily for the refinancing of debt as well as for expenses related to the stock option accounting change. Earnings per ordinary share rose to € 1.28 (Q1 2005: € 1.11) while earnings per preference share rose to € 1.29 (Q1 2005: € 1.12). This is an increase of 15 % for both share classes. Primarily due to the capital increase in December 2005 the average number of shares grew to 50,785,222. Based on the strong financial results for the first quarter, Fresenius fully confirms its positive outlook for 2006 and expects an increase of about 30 % in Group sales to approximately € 10.5 billion. Net income is projected to grow by more than 30 % in constant currency. The net income guidance already includes an amount of approximately € 30 million (after tax) associated with expected one-time expenses as well as for expenses related to the stock option accounting change. (Financial statements according to US-GAAP) The Management Board Bad Homburg v.d.H., May 3, 2006 (c)DGAP 03.05.2006 ————————————————————————— language: English emitter: Fresenius AG Else-Kröner-Straße 1 61352 Bad Homburg v.d.H. Deutschland phone: +49 (0)6172 608-2485 fax: +49 (0)6172 608-2488 email: ir-fre@fresenius.de WWW: www.fresenius.de ISIN: DE0005785638, DE0005785604 WKN: 578563, 578560 indexes: MDAX stockmarkets: Amtlicher Markt in Frankfurt (General Standard), Düsseldorf, München; Freiverkehr in Berlin-Bremen, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————