Biopharma ‚Meet the Management‘
Biopharma ‚Meet the Management‘ Presentation
Biopharma ‚Meet the Management‘ Presentation
January 12, 2026
San Francisco, USA
January 12 – 14, 2026
FY/25: Strong organic revenue and excellent Core EPS growth
1 Before special items; 2 Organic growth rate adjusted for accounting effects related to Argentina hyperinflation; 3 Growth rate adjusted for Argentina hyperinflation; 4 Excluding Fresenius Medical Care
View the full FY/25 update in the Financial Results section.
Read more about our company strategy!
"2025 was a pivotal year for Fresenius. With disciplined execution of our #FutureFresenius strategy and a strong performance from Team Fresenius, we met our upgraded full-year guidance by delivering another quarter of competitive growth [...]. 2025 capped a year of continued momentum across the Company: We further strengthened the balance sheet, and upgraded our guidance, while preparing the business through targeted investment for the next phase of growth. All of this leads to a proposed dividend of €1.05 per share, underscoring our commitment to creating shareholder value [...]. With #FutureFresenius we have transformed our Company, positioning ourselves to deliver future success in a new world order. Looking ahead, we enter 2026 with strong foundations and clear priorities [...]."
Michael Sen, Chairman of the Management Board
Financial Results
FY 2025: REJUVENATE in Action – Delivering accelerated performance for long-term value creation!
Outlook
New guidance metric established: Fresenius Outlook 2026 at a glance.
Financial Reports
Discover Fresenius financial reports and presentations here!
Goals & Strategy
#FutureFresenius is clearly paying-off. Find out more about our company's strategy!
Open dialogue is valuable for us.
You can submit your feedback quickly and easily using the link below (anonymously if you prefer).
You will be redirected to QuantiFire which conducts this survey in own controllership.
Follow Fresenius Investor Relations for expert insights and latest news that contribute to the Fresenius equity story, and exclusive content from our team. Join our growing community and be part of the conversation!
mAbxience, a Fresenius entity, has entered into a collaboration with HP Inc. to develop an artificial intelligence (AI) solution aimed at making biomanufacturing more efficient and reliable.
The joint project uses AI and digital-twin technology to model and optimize key steps in the production of monoclonal antibodies and biosimilars. By simulating critical cell-culture parameters and predicting process outcomes, the system is designed to support more consistent yields, faster development cycles, and better control of large-scale manufacturing environments. This is a showcase of Fresenius’ pathway in leveraging AI and digital solutions, from production and supply-chain to care delivery, improving treatment quality, and expanding access to state-of-the-art therapies.
Both partners view the technology as a significant step toward more data-driven and tightly managed bioproduction. The prototype, developed with real manufacturing data and validated in an industrial setting, enables teams to test scenarios virtually before applying them on the shop floor.
This initiative is the first project under a broader strategic framework between HP and mAbxience at its manufacturing facility in Leon, Spain, and has the potential to be rolled out across additional sites. It represents another milestone in advancing Fresenius’ (Bio)Pharma platform and supports the goals of #FutureFresenius.
Fresenius in Spain
The global healthcare company Fresenius is deeply rooted in Spain. With Quirónsalud, the country’s leading hospital operator, and Fresenius Kabi, offering essential medicines and technologies for critically and chronically ill patients, the company makes a decisive difference in the life-quality of Spanish citizens. With the majority acquisition of mAbxience in 2022, Fresenius created a dedicated and vertically integrated biosimilars development and manufacturing platform. In line with its #FutureFresenius strategy, the company is further scaling in (Bio)Pharma to deliver simplification and drive efficiencies, underscoring its commitment to offering accessible, innovative, and high-quality healthcare solutions.
mAbxience, a Fresenius entity, has entered into a collaboration with HP Inc. to develop an artificial intelligence (AI) solution aimed at making biomanufacturing more efficient and reliable.
The joint project uses AI and digital-twin technology to model and optimize key steps in the production of monoclonal antibodies and biosimilars. By simulating critical cell-culture parameters and predicting process outcomes, the system is designed to support more consistent yields, faster development cycles, and better control of large-scale manufacturing environments. This is a showcase of Fresenius’ pathway in leveraging AI and digital solutions, from production and supply-chain to care delivery, improving treatment quality, and expanding access to state-of-the-art therapies.
Both partners view the technology as a significant step toward more data-driven and tightly managed bioproduction. The prototype, developed with real manufacturing data and validated in an industrial setting, enables teams to test scenarios virtually before applying them on the shop floor.
This initiative is the first project under a broader strategic framework between HP and mAbxience at its manufacturing facility in Leon, Spain, and has the potential to be rolled out across additional sites. It represents another milestone in advancing Fresenius’ (Bio)Pharma platform and supports the goals of #FutureFresenius.
Fresenius in Spain
The global healthcare company Fresenius is deeply rooted in Spain. With Quirónsalud, the country’s leading hospital operator, and Fresenius Kabi, offering essential medicines and technologies for critically and chronically ill patients, the company makes a decisive difference in the life-quality of Spanish citizens. With the majority acquisition of mAbxience in 2022, Fresenius created a dedicated and vertically integrated biosimilars development and manufacturing platform. In line with its #FutureFresenius strategy, the company is further scaling in (Bio)Pharma to deliver simplification and drive efficiencies, underscoring its commitment to offering accessible, innovative, and high-quality healthcare solutions.
March 25, 2026
Bad Homburg, Germany
Consolidated Financial Statements and Management Report (IFRS)
We save and improve human lives with affordable, accessible, and innovative healthcare products and the highest quality in clinical care.
Concentration fills the operating room, high-resolution images can be seen on several screens, the camera view penetrates deep into the finest branches of the bronchial tree, while a so-called digital twin – the personalized 3D plan of a lung – provides guidance. Dr. Joanna Krist, Senior Pulmonary Physician in Heckeshorn Lung Clinic at Helios Hospital Emil von Behring in Berlin, is looking at her control panel. With a steady hand, she guides an ultrathin, flexible catheter deep into the airways of her 59-year-old patient. He has been a heavy smoker all his life, now there is a suspicion of lung cancer. Krist follows the virtual path of the catheter on the central navigation monitor – bright blue glowing lines show her the course to the destination point: a tiny shadow in the lung tissue. A small tissue sample, which she will take shortly, should now provide certainty.
What sounds like a high-tech future has long been reality: Doctors at the highly specialized Helios lung cancer centers in Berlin and Wiesbaden are already setting new standards in the early diagnosis of disease with the robot-assisted “Ion endoluminal system” for bronchoscopy.
Lung cancer remains the most common cause of cancer-related deaths in Germany and one of the most dangerous oncological diseases of all. Around 45,000 people in the country die of it every year – because the disease is often only diagnosed at an advanced stage. “The problem is that in the early stages, lung cancer causes hardly any symptoms or even discomfort, so it is usually discovered late – often when metastases are already present and treatment is no longer possible,” explains Prof. Dr. Tim Hirche, Director of the Clinic for Pulmonology at Helios HSK Wiesbaden.
The Ion system marks a turning point here. “The new robotic system for bronchoscopy is a game changer,” says Dr. Krist. “We can use it to get to the deepest lung tissue and can even reach millimeter-sized suspicious nodules – so-called coin lesions – and take samples. This has not been possible with endoscopy until now.”
Her colleague, Prof. Hirche, adds: “Ion enables us to give our patients certainty much earlier – and thus often offer them the chance of treatment. It is a real paradigm shift in the field of pulmonology.” The Ion system combines robotics, imaging techniques, and interdisciplinary medical expertise in a hitherto unparalleled manner. Find out more in the box.
Certified by the German Cancer Society, the Helios lung cancer centers in Berlin and Wiesbaden are among the first hospitals in Germany to use the robotic system for regular patient care. The technology also has scientific support at both Helios sites, with patients suitable for the procedure also being able to participate in studies.
If the suspicion of lung cancer is confirmed after the examination, an interdisciplinary network immediately comes into play at Helios. Lung specialists, thoracic surgeons, oncologists, and radiologists get together on the tumor board to discuss the individual treatment plan. “Depending on the stage, this treatment can range from minimally invasive surgery in one of our two robotics centers to radiation therapy and chemotherapy or immunotherapy,” says Prof. Dr. Torsten Bauer, Chief Pulmonology Physician in Heckeshorn Lung Clinic at Helios Hospital Emil von Behring.
“The precise diagnostics using the robotic system enables us to start treatment much earlier,” stresses the specialist. With the new procedure, physicians are moving a step closer to the goal of diagnosing lung cancer earlier, less invasively, and more precisely – before symptoms even appear. For patients, this means a much lower risk, less stress, less uncertainty – and, ideally, an opportunity to gain crucial time for early treatment.
The Ion endoluminal system is a robot-assisted bronchoscopy system that allows physicians to safely reach even tiny changes in the lung tissue. Before the actual procedure – bronchoscopy – the planning software creates a detailed 3D model – the digital twin – on the basis of the CT scan carried out in advance. This makes it possible to work out the optimal pathway to the suspicious site – in a similar way to a GPS or a navigation system.
During the examination, which is carried out under anesthesia, the highly flexible catheter, equipped with sensors and a camera, is inserted into the bronchi via a breathing tube and guided with millimeter precision. At the same time, the medical practitioners also check its position with the help of state-of-the-art scanning technology – a so-called cone beam CT. Thanks to precise real-time imaging, even the smallest coin lesions can be reached with pinpoint accuracy. Tissue samples can then be taken and analyzed in a procedure that is less invasive for the patient, with a lower risk of complications than with previous procedures.
Michael Sen became CEO (Chairman of the Management Board) of Fresenius on October 1, 2022. He joined Fresenius in April 2021 as CEO of Fresenius Kabi. Before joining Fresenius Kabi, Michael Sen was a member of the Management Board of Siemens AG, where he was responsible for the healthcare business Siemens Healthineers and for Siemens’ energy business. Prior to that, he was Chief Financial Officer of E.ON SE. At the start of his professional career, Michael Sen completed an apprenticeship at Siemens in Berlin and then studied business administration at the Technical University of Berlin.
Pierluigi Antonelli joined the Management Board of Fresenius in March 2023 with responsibility for Fresenius Kabi. In his previous role since 2019, he was the CEO of Angelini Pharma, a company of the Italian Angelini Group specializing in brain health and consumer health. Prior to that, he held senior leadership positions at Novartis Oncology, Sandoz, Merck & Co. and Bristol Myers Squibb in the United States and across Europe.
Sara Hennicken was appointed CFO of Fresenius as of September 1, 2022. She joined the Group in 2019 as Senior Vice President Global Treasury & Corporate Finance for Fresenius and Fresenius Medical Care. Previously, she spent 14 years in investment banking, including nine years at Deutsche Bank, lastly as Managing Director and Senior Client Executive in Corporate Finance Coverage before moving to Fresenius. Between 2005 and 2010 she worked for Citigroup in Frankfurt and London. Sara Hennicken studied economics in Germany and in the United States.
Robert Möller joined the Management Board of Fresenius in September 2023 with responsibility for Fresenius Helios. Robert Möller has been CEO of Helios Kliniken GmbH since 2022. He joined Helios in 2014, where he held the position of Clinic Managing Director at Helios Hanseklinikum Stralsund until 2017. After a short time away, he returned to Helios in 2019 and took over the management of various regions. Möller studied human medicine at the University of Hamburg and practiced as a specialist for internal medicine. After various medical positions and a part-time master's degree in health care management, he switched to hospital management while continuing to work as a physician.
Michael Moser joined the Management Board of Fresenius in July 2023. He is responsible for Legal, Compliance, Risk Management, Sustainability, Human Resources, Corporate Audit and transformation of the Vamed businesses. After starting his career at Baker McKenzie, he joined E.ON SE in 2008. During this time, he inter alia became member of the Management Board of the stock listed company ENEVA in Brazil, steered the listing of Uniper and served as Deputy CEO and CFO of Enerjisa, the stock listed leading energy company in Turkey. He has received university degrees in law and business economics in Germany, USA, UK, Switzerland and China.
Contact
Fresenius SE & Co. KGaA
Else-Kröner-Str. 1
61352 Bad Homburg v.d.H.
Germany
board@fresenius.com