Fresenius Medical Care AG

FME: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€57.00	Tfvhjny	Jlbxq

Fresenius Medical Care Earnings: Outlook Merely Maintained as Mortality Concerns Reemerge

Julie Utterback

Jul 30, 2024

Narrow-moat Fresenius Medical Care turned in strong second-quarter results but may have disappointed the market with talk of higher mortality rates that cut into treatments, weak cash flows related to the Change network outlook, and a merely maintained 2024 outlook. At first glance, we do not anticipate changing our fair value estimate, which remains well above recent trades.

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