Fresenius Medical Posts 14% Surge In Q4 Net Profit
Fresenius Medical Care AG (NYSE: FMS) expected rise in sales and earnings in 2012.
FMC projects 2012 revenue of about $14 billion and net profit of around $1.14 billion.
FMC's fourth-quarter net profit surged 14% to $310 million. Its earnings per share climbed 14% to $1.02. FMC's net revenue rose to $3.32 billion.
FMC shares dropped 2.24% to $70.16 in pre-market trading.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.