Wednesday, July 29, 2020

Fresenius Q2 EBIT Before Special Items Flat With Prior Year; Organic Sales Growth At 2%

Fresenius Group (FSNUF.PK, FSNPF.PK) reported that second quarter net income attributable to Fresenius SE & Co. KGaA declined 13 percent year-on-year to 411 million euros. Group net income before special items decreased by 13% to 410 million euros. Excluding estimated COVID-19 effects, net income growth before special items would have been 0% to 4%. Before special items, earnings per share was 0.74 euros compared to 0.85 euros. Before special items, EBIT was 1.12 billion euros, flat with prior year.

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