Update: Fresenius Medical Care Earnings Deliver Positive Surprises But Not For The Bottom Line
Early Retiree • Wed, Aug. 6
- Fresenius Medical Care reported surprisingly high revenue growth, but still a 10% fall of net income.
- Higher than expected patient growth did not translate into operating leverage.
- I had anticipated margin problems in my 2013 article on the company and even the recently announced restructuring won't improve the pressure on net margins over the long term.