26.06.2016 19:30:52
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DGAP-Ad hoc: Fresenius SE & Co. KGaA (St.)
Fresenius SE & Co. KGaA / Key word(s): Change of Personnel
26.06.2016 19:30
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Fresenius appoints Stephan Sturm as new Chief Executive Officer - Ulf Mark
Schneider leaves the company to pursue another opportunity
The Supervisory Board of Fresenius Management SE has unanimously appointed
Stephan Sturm (52) as Chief Executive Officer of Fresenius as of July 1,
2016. Stephan Sturm succeeds Ulf Mark Schneider (50), who has decided to
leave the company effective June 30, 2016 to pursue another opportunity.
Fresenius confirms its guidance for 2016. Sales are expected to increase by 6% to 8% in constant currency. Net income* is expected to grow by 8% to 12% in constant currency. The company also confirms its mid-term outlook: For 2019, Group sales are expected to reach EUR36 billion to EUR40 billion**. Group net income*** is expected to increase to EUR2.0 billion to EUR2.25 billion**.
* Net income attributable to shareholders of Fresenius SE & Co. KGaA; 2015 before special items ** At comparable exchange rates; including small and mid-size acquisitions *** Net income attributable to shareholders of Fresenius SE & Co. KGaA
Fresenius SE & Co. KGaA, represented by Fresenius Management SE, Board of Management
Bad Homburg v.d.H., June 26, 2016
End of note
26.06.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de
--------------------------------------------------------------------------- Language: English Company: Fresenius SE & Co. KGaA Else-Kröner-Straße 1 61352 Bad Homburg v.d.H. Germany Phone: +49 (0)6172 608-2485 Fax: +49 (0)6172 608-2488 E-mail: ir-fre@fresenius.com Internet: www.fresenius.com ISIN: DE0005785604 WKN: 578560 Indices: DAX Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Hamburg, Hanover, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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