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Fresenius Medical cuts top end of 2026 profit outlook

By Reuters News

Nov 3 (Reuters) - German dialysis specialist Fresenius Medical Care FMEG.DE cut the upper end of its 2026 operating income outlook on Tuesday, citing regulatory and inflation headwinds after reporting third-quarter results.

It now expects 2026 operating income to range from flat to a mid-single-digit percentage decline, compared with its previous forecast for a mid-single-digit percentage decline to a mid-single-digit increase.

  • Third-quarter operating income excluding special items fell 5% to €545 million ($610 million) from €574 million a year earlier, compared with Vara Research consensus of €518 million.

  • US same-market treatments declined 1.1%, accelerating from declines of 0.4% in the first quarter and 0.9% in the second quarter.

  • Revenue grew 1% to €4.94 billion from €4.89 billion a year earlier.

  • The results come weeks after Shervin J. Korangy became CEO as FMC seeks to revive growth following years of restructuring efforts.

https://www.reuters.com/graphics/FRESENIUSMEDICALCARE-RESULTS/dwpkmbmxapm/chart.png

($1 = 0.8937 euros)

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