FMC’s year-end profitability push came in rather unexpected. The gross profit margin moved into the right direction (down), but EBIT came in clearly above our expectations. The reasons therefore were not well explained (better performance of Care Coordination) and the set of figures provided was of no help. Nevertheless, the underlying business trend is intact.
20 Feb 2020
The magic of Q4
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The magic of Q4
Fresenius Medical Care AG (FME:WBO) | 0 0 0.7% | Mkt Cap: 26,769m
- Published:
20 Feb 2020 -
Author:
Martin Schnee -
Pages:
3
FMC’s year-end profitability push came in rather unexpected. The gross profit margin moved into the right direction (down), but EBIT came in clearly above our expectations. The reasons therefore were not well explained (better performance of Care Coordination) and the set of figures provided was of no help. Nevertheless, the underlying business trend is intact.