Fresenius Medial Care Q2 Net Profit Rises 11%

Fresenius Medial Care AG & Co KGaA (NYSE: FMS) reported an increase in profit in the second quarter.

Fresenius Medical Care's quarterly net revenue gained 9% y/y to $3.43 billion. Its net profit climbed 11% to $289 million.

Fresenius Medial Care continues to expect full-year adjusted net profit to jump to $1.14 billion and revenue to surge to around $14 billion.

FMC shares closed at $72.03 yesterday.

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