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Story Box-ID: 1210737

Fresenius SE & Co. KGaA Else-Kröner-Straße 1 61352 Bad Homburg, Germany http://www.fresenius.de
Contact Mr Stefan Schmidt
Company logo of Fresenius SE & Co. KGaA
Fresenius SE & Co. KGaA

Fresenius with excellent performance in Q2; major progress on deleveraging on the back of strong cash flow: entering target ratio corridor; outlook confirmed and optimistic about second half

(PresseBox) (Bad Homburg, )



Strong organic growth in Group revenue of 8%1 to €5.4 billion2; excellent Group EBIT2 increase in constant currency of 15%3 to €660 million reflects strong operating performance of Kabi and Helios and group-wide cost savings progressing ahead of plan.
Strong bottom line delivery: 15%2,3,4 EPS growth in constant currency.  Major progress on deleveraging: Leverage ratio at 3.43x2,5 and therefore within the target corridor, in particular due to operating strength and the excellent cash flow.
Strong operating cash flow development driven by working capital efficiencies and the increased focus on cash generation as well as excellent operating performance.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.