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

|About: Fresenius Medical Care AG... (FMS)|By:, SA News Editor

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)