Based on Kabi’s strong performance, FY group guidance was lifted. Q2 revenues jumped +26% (organic: +8%) to €6,946m and the gross profit margin gained further strength (30.6% after 29.8%). EBITDA strongly rose +20% to €1,213m and net income attributable to shareholders increased +14% to €325m. Operating CF did not fully reflect the strong operating performance, but still rose +18% to €720m partly burdened by a higher NWC outflow (+70% to €-121m). Investing CF mo
30 Jul 2015
Kabi is Fresenius’s Shangri-La
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Kabi is Fresenius’s Shangri-La
Fresenius SE & Co. KGaA (FRE:WBO) | 0 0 0.5% | Mkt Cap: 35,173m
- Published:
30 Jul 2015 -
Author:
Martin Schnee -
Pages:
2
Based on Kabi’s strong performance, FY group guidance was lifted. Q2 revenues jumped +26% (organic: +8%) to €6,946m and the gross profit margin gained further strength (30.6% after 29.8%). EBITDA strongly rose +20% to €1,213m and net income attributable to shareholders increased +14% to €325m. Operating CF did not fully reflect the strong operating performance, but still rose +18% to €720m partly burdened by a higher NWC outflow (+70% to €-121m). Investing CF mo