Fresenius Reports Double-digit Earnings Growth In H1; Raises Earnings Guidance

Fresenius SE & Co. KGaA (FSNUF.PK, FSNPF.PK) reported that its first-half Group net income increased by 18% to 755 million euros from 642 million euros, previous year. Earnings per share was 1.37 euros compared to 1.17 euros. EBITDA increased by 9%, or 10% in constant currency, to 2.58 billion euros from 2.36 billion euros. Group EBIT increased by 10%, or 11% in constant currency, to 2.01 billion euros from 1.82 billion euros. EBIT margin increased to 14.4% from 13.6%.

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