Fresenius Medical Care AG

FME: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€71.00	Hczylk	Wwtv

Fresenius Medical Care Earnings: Strong End to 2023, but Light 2024 Guidance Keeps Our FVE Intact

Julie Utterback

Feb 20, 2024

Narrow-moat Fresenius Medical Care turned in solid fourth-quarter results and exceeded our profit expectations for the full year, but 2024 guidance was a bit lighter than we were anticipating. Overall, though, we do not anticipate changing our fair value estimate, which remains well above recent trades.

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