The management focus was the transformation of Vamed as the business had not delivered on its targets. This was the result of poor governance and a number of other topics which all culminated in additional one-offs. The other businesses, especially Kabi, performed fairly well. However, the consensus was not beaten on every line (sales: -0.3%; adjusted EBIT: +5.1%), although the (adjusted!) profitability development looked promising, prompting the management to upgrade its profitability guidanc ....