Tuesday, 02 January 2024 12:17 GMT
عربي


               US          Europe          Arab          Asia          Africa    
|      Politics          Economy     Oil&Energy         
                 Entertainment          Sport
German Fresenius revenue increases in Q1

German Fresenius revenue increases in Q1


2019-05-05 02:47:16
(MENAFN) Turnover of Fresenius increased by 8 percent to 8.5 billion euros (9.5 billion U.S. dollars) in the first quarter (Q1) of fiscal year 2019, while operating profits (EBIT) grew by 6 percent to 1.1 billion euros, the announced on Thursday.

German medical technology and healthcare group Fresenius has seen revenue grow by 8 percent to 8.5 billion euros during the first quarter of fiscal year 2019, while operating profits (EBIT) grew by 6 percent to 1.1 billion euros.

The CEO said: "We have made a successful start into 2019. All four Fresenius business segments have developed in line with our expectations, putting us well on course to meet our targets for the year."

The improved business performance of the company was mainly attributable to its subsidiary Fresenius Medical Care (FMC), which managed to increase its revenue by 11 percent to 4.1 billion euros.

MENAFN0505201900450000ID1098477830



 MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Tags

Label

Comments

No comment

Category

Date
Search