AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Fresenius SE & Co. KGaA

Earnings Release Apr 30, 2013

166_rns_2013-04-30_63782eb9-585b-4d3b-aba5-1ffce3578de6.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

Factsheet Q1 / 2013

COMPANY PROFILE

Fresenius is a health care group providing products and services for dialysis, hospitals and the medical care of patients at home. In addition, Fresenius focuses on hospital operation, as well as on engineering and services for hospitals and other health care facilities. Approximately 170,000 employees have dedicated themselves to the service of health in about 100 countries worldwide.

FRESENIUS GROUP IN FIGURES

€ in millions Q1/2013 Change 2012 Change
Sales and Earnings
Sales 4,890 11% 19,290 18%
EBIT 1 696 5% 3,075 20%
Net income
(before special items) 2
224 12% 938 22%
Earnings per ord. share in €
(before special items) 2
1.26 2% 5.42 15%
Balance sheet and cash fl ow
Total assets 31,311 2% 30,664 17%
Non-current assets 23,044 2% 22,551 18%
Equity 3 13,298 4% 12,758 21%
Equity ratio 3 43% -- 42% --
Net debt / EBITDA 4 2.57 -- 2.56 --
Investments 5 258 -88% 4,179 74%
Operating cash fl ow 444 -17% 2,438 44%
Operating cash fl ow in % of
sales
9.1% -- 12.6% --
Profi tability
EBIT margin 1 14.2% -- 15.9% --
Return on equity after taxes
(ROE) 2
12.1% -- 12.3% --
Return on operating assets
(ROOA) 1
10.9% -- 11.0% --
Return on invested capital
(ROIC) 1
8.8% -- 9.0% --
Employees (Mar 31 / Dec 31) 171,764 7% 169,324 13%

2013 adjusted for one-time integration costs of Fenwal Holdings, Inc. of €7 million. 2012 adjusted for one-time costs related to the offer to the shareholders of RHÖNKLINIKUM AG as well as for other one-time costs at Fresenius Medical Care.

2 Net income attributable to shareholders of Fresenius SE & Co. KGaA. 2013 adjusted for one-time integration costs of Fenwal of €5 million after tax. 2012 adjusted for a non-taxable investment gain and other one-time costs at Fresenius Medical Care as well as for one-time costs related to the offer to the shareholders of RHÖN-KLINIKUM AG.

3 Including noncontrolling interest

4 2013 and 2012 before special items 5 Investments in property, plant and equipment and intangible assets, acquisitions

SALES BY REGION

GROUP STRUCTURE

The operating business comprises the four business segments Fresenius Medical Care, Fresenius Kabi, Fresenius Helios and Fresenius Vamed, all of which are legally independent entities managed by the operating parent company Fresenius SE & Co. KGaA.

31% 1 100% 100% 77%
Fresenius
Medical Care
Fresenius
Kabi
Fresenius
Helios
Fresenius
Vamed
1
As of March 31, 2013

BUSINESS SEGMENTS

€ in millions Q1 /2013 Change 2012 Change
Umsatz
EBIT
2.623
374
6 %
-3 %
10.741
1.813
19 %
22 %
Umsatz
EBIT
1.260
237
15 %
10 %
4.539
934
15 %
16 %
Umsatz
EBIT
841
87
18 %
28 %
3.200
322
20 %
19 %
Umsatz
EBIT
184
5
23 %
0 %
846
51
15 %
16 %
  • ▶ Fresenius Medical Care is the world's leading provider of services and products for patients with chronic kidney failure. As of March 31, 2013, Fresenius Medical Care was treating 261,648 patients in 3,180 dialysis clinics.
  • ▶ Fresenius Kabi offers infusion therapies, intravenously administered generic drugs and clinical nutrition for seriously and chronically ill patients in the hospital and outpatient environments. The company is also a leading supplier of medical devices and transfusion technology products in Germany.
  • ▶ Fresenius Helios is one of the largest private hospital operators in Germany. HELIOS owns 74 hospitals, including 6 maximum care hospitals in Berlin-Buch, Duisburg, Erfurt, Krefeld, Schwerin and Wuppertal. HELIOS treats more than 2.9 million patients per year, thereof more than 780,000 inpatients, and operates more than 23,000 beds.
  • ▶ Fresenius Vamed offers engineering and services for hospitals and other health care facilities.

Q1 / 2013: €4.9 billion

SALES BY BUSINESS SEGMENT

FRESENIUS SHARE / ADR

Ordinary share
Securities code no. 578 560
ISIN DE0005785604
Ticker symbol FRE
ADR CUSIP 35804M105
ADR Ticker symbol FSNUY
Number of ordinary shares (March 31, 2013) 178,271,131
Market capitalization (March 31, 2013) €17.2 billion
Issuer ISIN Volume
in million
Coupon Matu
rity
Fresenius Finance B. V. XS0759200321 €500 4.25% 2019
Fresenius Finance B. V. XS0873432511 €500 2.875% 2020
Fresenius US Finance II, Inc. USU31436AD72 US\$500 9.00% 2015
Fresenius US Finance II, Inc. XS0390398344 €275 8.75% 2015

Bonds of Fresenius Medical Care can be found under www.fmc-ag.com\Credit Relations.

RELATIVE SHARE PRICE PERFORMANCE FRESENIUS SHARE VS. DAX DAX Fresenius ordinary share

SHARE PERFORMANCE 1

1 month + 2.3 %
4 th quarter + 10.6 %
1 year + 25.2 %
5 years + 78.7 %
10 years + 615.0 %

Effective date / closing price: March 31, 2013

Targets 2013

Dates

DEVELOPMENT ORDINARY SHARE DIVIDENDS IN €

1 Proposal

90

95

100

105

110

115

This release contains forward-looking statements that are subject to various risks and uncertainties. CONTACT 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 fl uctuations, uncertainties in litigation or investigative proceedings, and the availability of fi nancing. Fresenius does not undertake any responsibility to update the forward-looking statements in this release.

Fresenius SE & Co. KGaA

Registered Offi ce: Bad Homburg, Germany Commercial Register: Amtsgericht Bad Homburg, HRB 11852 Chairman of the Supervisory Board: Dr. Gerd Krick

General Partner: Fresenius Management SE

Registered Offi ce: Bad Homburg, Germany

Commercial Register: Amtsgericht Bad Homburg, HRB 11673 Management Board: Dr. Ulf M. Schneider (Chairman), Mats Henriksson, Dr. Francesco De Meo, Dr. Jürgen Götz, Rice Powell, Stephan Sturm, Dr. Ernst Wastler Chairman of the Supervisory Board: Dr. Gerd Krick

GROUP OUTLOOK 2013

Sales growth (in constant currency) 7% – 10%
Net income 1
, growth (in constant currency)
7% – 12%
Capital expenditure ~ 5% of group sales

1 Net income attributable to shareholders of Fresenius SE & Co. KGaA; 2013 adjusted for one-time integration costs of Fenwal, Inc. (~ € 50 million pre tax); 2012 adjusted for an investment gain and other one-time costs at Fresenius Medical Care as well as for one-time costs related to the offer to the shareholders of RHÖN-KLINIKUM AG.

For the outlook of the business segments please see the Investor News of April 30, 2013.

FINANCIAL CALENDAR

Annual General Meeting, Frankfurt / Main May 17, 2013
Payment of dividend 1 May 20, 2013
Report on 1st half 2013 July 30, 2013
Report on 1st – 3rd quarter 2013 November 5, 2013
1
Subject to prior approval by the Annual General Meeting

Fresenius SE & Co. KGaA

Else-Kröner-Straße 1, 61352 Bad Homburg v. d. H. e-mail: [email protected] Internet: www.fresenius.com

Birgit Grund

Senior Vice President Investor Relations Telephone: ++49 61 72 6 08-24 85 Telefax: ++49 61 72 6 08-24 88

Leslie Iltgen Vice President Investor Relations Telephone: ++49 61 72 6 08-44 78 Telefax: ++49 61 72 6 08-24 88

Talk to a Data Expert

Have a question? We'll get back to you promptly.