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Q1/26 Results

#FutureFresenius: REJUVENATE in action – Excellent start to the year - demonstrating continued strength and resilient performance; Guidance reconfirmed

Conference Call Q1 2026

May 06, 2026 - 01:30 pm
Bad Homburg, Germany

Conference Call Q1 2026

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"Fresenius made an excellent start to 2026, delivering performance fully in line with our expectations and leading us to reconfirm our full‑year guidance. In an environment where volatility has become the norm and markets are increasingly focused on earnings visibility and balance sheet discipline, this quarter shows that Fresenius is better prepared than ever. Rejuvenate is working in practice: disciplined execution across our businesses is driving double-digit Core EPS growth, continued margin improvement and a balance sheet that reinforces our financial flexibility. Importantly, we achieved this while continuing targeted investment in innovation and digitalisation – from new product launches to AI-enabled hospital platforms – reinforcing our long-term competitive position. With a more focused organisation and a disciplined financial framework, we are well-positioned to navigate policy and macroeconomic uncertainty while maintaining earnings visibility and delivering sustainable long-term value to patients, partners, and shareholders."

Michael Sen, Chairman of the Management Board

Financial Highlights Q1/2026

Group Revenue 1

5744 m

+5% 2

Q1/25: €5,631 m

Group EBIT 1

678 m

+6% 4

Q1/25: €654 m

Core Net income 1, 3

460 m

+13% 4

Q1/25: €416 m

Core EPS 1, 3

0.82

+13% 4

Q1/25: €0.74

KABI Revenue 1

2150 m

+6% 2

Q1/25: €2,146 m

HELIOS Revenue 1

3501 m

+3% 2

Q1/25: €3,394 m

1 Before special items

2 Organic growth rate adjusted for accounting effects related to Argentina hyperinflation

3 Excluding Fresenius Medical Care and Vitrea

4 Constant currency growth

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