Fresenius: FY 2020 adjusted income down 4%
(CercleFinance.com) - German healthcare company Fresenius has reported adjusted net income that is down 4% at 1.
8 billion euros, with adjusted operating profit that is down 2% at 4.61 billion euros for 2020, on revenues that are up 2% at 36.3 billion euros (+5% at constant exchange rates).
On this basis, its board of directors will propose to the Supervisory Board a 5% increase in the dividend to 0.88 euro per share, representing its 28th consecutive increase, despite a 4% decline in adjusted EPS to 3.22 euros over the past fiscal year.
For the year ahead, the group confirms that, at constant exchange rates, it expects adjusted net income to be at least stable in general, with low to mid single-digit percentage growth in sales.
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8 billion euros, with adjusted operating profit that is down 2% at 4.61 billion euros for 2020, on revenues that are up 2% at 36.3 billion euros (+5% at constant exchange rates).
On this basis, its board of directors will propose to the Supervisory Board a 5% increase in the dividend to 0.88 euro per share, representing its 28th consecutive increase, despite a 4% decline in adjusted EPS to 3.22 euros over the past fiscal year.
For the year ahead, the group confirms that, at constant exchange rates, it expects adjusted net income to be at least stable in general, with low to mid single-digit percentage growth in sales.
Copyright (c) 2021 CercleFinance.com. All rights reserved.