Fresenius Medical

Fresenius Medical backs the higher profits and sales this year

Ben Lipps

he world’s biggest provider of kidney dialysis, Fresenius Medical Care AG, reported a higher first quarter on increased demand for blood cleansing services. The sales increased 13 percent to $2.88 billion while the profit rose 7 percent to $211 million, said a German based company, Bad Homburg, in its statement today. A profit growth of as much as 10 percent this year is expected from Fresenius from $950 million to $980 million.