logo
Plus   Neg
Share
Email

Fresenius Expects FY19 Sales To Increase Upto 6%

Fresenius (FSNUF.PK,FSNPF.PK) expects full year 2019 income to be about the same level as last year's, with sales expected to increase between 3 and 6 percent.

The company expects organic growth to average between 5 to 9 percent annually between 2020 and 2023 with organic sales estimated to average between 4 to 7 percent.

Fresenius reported full-year 2018 sales of 33.53 billion euros, down from 33.89 billion euros last year. Net incomer rose to 1.87 billion euros or 3.37 euro per share, compared with last year's net income of 1.82 billion euros or 3.28 euro per share last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Crate and Barrel have recalled 1,500 push walkers due to risk of choking and laceration. Crate and Barrel have recalled Activity Push Walkers as those walkers can be damaged over time exposing sharp points and small parts, posing choking and laceration hazards to small children. The wooden recalled... YouTube is finalizing plans under which it will no longer serve "targeted" advertisements on its main site for videos meant for kids, Bloomberg reported, citing people familiar with the discussion. While the plan is reportedly intended to satisfy U.S. regulators, it could negatively impact the Google-owned video giant's ad sales as kids' content on YouTube is immensely popular. Apple Inc. (AAPL) is in the final stages of certifying advanced flexible Organic Light Emitting Diode or OLED screens from Chinese display maker BOE Technology Group for iPhones next year, the Nikkei Asian Review reported citing source. The U.S. tech giant has been attempting to reduce reliance on Samsung Electronics of South Korea.
Follow RTT