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Fresenius Medical Care AG & Co. KGaA (FMS) Q1 2018 Results - Earnings Call Transcript

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Fresenius Medical Care AG & Co. KGaA (NYSE:FMS) Q1 2018 Earnings Call May 3, 2018 9:30 AM ET


Dominik Heger - Fresenius Medical Care AG & Co. KGaA

Rice Powell - Fresenius Medical Care AG & Co. KGaA

Michael Brosnan - Fresenius Medical Care AG & Co. KGaA


Tom M. Jones - Joh. Berenberg, Gossler & Co. KG (United Kingdom)

Ian Douglas-Pennant - UBS Ltd.

Veronika Dubajova - Goldman Sachs International

Michael K. Jüngling - Morgan Stanley & Co. International Plc

Lisa Clive - Sanford C. Bernstein Ltd.

Ed Ridley-Day - Redburn (Europe) Ltd.

Gunnar Romer - Deutsche Bank AG

Hassan Al-Wakeel - Barclays Capital Securities Ltd.


Ladies and gentlemen, thank you for standing by. My name is Emma, your Chorus Call operator. Welcome and thank you for joining the Fresenius Medical Care Earnings Call on the First Quarter 2018. Throughout today's recorded presentation, all participants will be in a listen-only mode. The presentation will be followed by a question-and-answer session.

And I would now like to turn the conference over to Dominik Heger, Head of Investor Relations. Please go ahead, sir.

Dominik Heger - Fresenius Medical Care AG & Co. KGaA

Thank you, Emma. We would like to welcome all of you to the Fresenius Medical Care earnings call for the first quarter 2018.

As always, I'm happy to start out the call by mentioning our cautionary language that is in our Safe Harbor statement, as well as in our presentation and in all the materials that we have distributed earlier today. For further details concerning risks and uncertainties, please refer to these documents, as well as to our SEC filings.

Given that there are three major earnings call of German healthcare companies today, I assume it is in your interest to limit the call to 60

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