FRANKFURT (Reuters) – Fresenius Medical Care (FMC), the world’s largest kidney dialysis company, warned that adjusted net income would likely drop by a quarter this year as the coronavirus pandemic takes a heavy death toll among its patients.
“The significant acceleration in November and December 2020 of COVID-19 related patient excess mortality is expected to continue into 2021,” it said in an unscheduled statement on Monday.
Germany’s FMC said it expected revenue growth of up to mid-single percentage digits in 2021 with net income before restructuring measures seen falling by up to 25%.
(Reporting by Ludwig Burger in Frankfurt; Editing by Matthew Lewis)
