FMC is doing quite well in the current environment. But this was due to the robust business model and not to excellent manoeuvres in a stormy sea. ON the contrary, it lowered transparency by another notch down. However, reported figures were slightly below our expectations, but beat consensus (sales: €4,422m; EBIT: €543m). The confirmation of the given guidance still excludes any COVID-19-related impact.
06 May 2020
Firm as a rock?
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Firm as a rock?
Fresenius Medical Care AG (FME:WBO) | 0 0 0.7% | Mkt Cap: 26,769m
- Published:
06 May 2020 -
Author:
Martin Schnee -
Pages:
3
FMC is doing quite well in the current environment. But this was due to the robust business model and not to excellent manoeuvres in a stormy sea. ON the contrary, it lowered transparency by another notch down. However, reported figures were slightly below our expectations, but beat consensus (sales: €4,422m; EBIT: €543m). The confirmation of the given guidance still excludes any COVID-19-related impact.