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Fresenius Medical Care profit +36%, but downbeat about 2014

  • Fresenius Medical Care (FMS) Q4 net profit rose 36% to $349M.
  • EPS +38% to $1.16.
  • Revenue +4% to $3.87B, above consensus of $3.85B.
  • Fresenius suffered its first fall in full-year net profit in 12 years as income slipped 6% to $1.11B.
  • The company predicted that net profit would drop further in 2014, to $1-1.05B, amid cuts in U.S. healthcare budgets. Consensus is for $1.19B. (PR)
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