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Fresenius Medical Care Reports Strong Q3 2024 Results
Company Announcements

Fresenius Medical Care Reports Strong Q3 2024 Results

Fresenius Medical Care ( (FMS) ) has released its Q3 earnings. Here is a breakdown of the information Fresenius Medical Care presented to its investors.

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Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases, operating a vast network of dialysis clinics globally and offering dialysis-related products like machines and dialyzers.

In the latest earnings report, Fresenius Medical Care demonstrated significant progress in the third quarter of 2024, showcasing strong growth in operating income margins driven by efforts in Care Enablement and Care Delivery. The company has successfully exceeded its FME25 savings target and improved its U.S. dialysis treatment volumes.

Key financial highlights include a 43% increase in operating income to EUR 463 million, with net income rising by 153% to EUR 213 million. The company’s strategic focus on optimizing its portfolio through divestitures has impacted revenue but supported improved income margins. In addition, Fresenius Medical Care achieved a favorable reduction in its net financial leverage ratio to 2.8x.

Looking ahead, Fresenius Medical Care remains optimistic, confirming its revenue growth outlook for 2024 and adjusting its operating income growth expectations to 16-18%, reflecting a positive trajectory towards achieving its 2025 margin targets. The company continues to focus on operational performance improvements and sustainable savings.

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