Fresenius SE & Co. KGaA: Fresenius expects meaningful positive effects from US tax reform

Fresenius SE & Co. KGaA / Key word(s): Miscellaneous

Fresenius SE & Co. KGaA: Fresenius expects meaningful positive effects from US tax reform

22-Dec-2017 / 21:51 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Fresenius expects meaningful positive effects from US tax reform

Fresenius expects meaningful positive effects from the tax reform legislation signed into law in the United States today. The new law goes into effect on January 1, 2018.

The new legislation triggers the revaluation of deferred tax liabilities. This results in a one-time book gain of approximately EUR 90 million, to be reflected in Fresenius’ 2017 Group net income*. Thereof, approximately EUR 30 million are attributable to Fresenius Kabi and approximately EUR 60 million** to Fresenius Medical Care.

Fresenius will report FY17 results and provide FY18 guidance, including details on recurring tax effects resulting from the US tax reform, on February 27, 2018.

Fresenius SE & Co. KGaA,
represented by Fresenius Management SE,
Board of Management

Bad Homburg v.d.H., 22 December 2017

* Net income attributable to shareholders of Fresenius SE & Co. KGaA
** Based on Fresenius’ 31% shareholding in Fresenius Medical Care AG & Co. KGaA

——————————-
Contact:

Markus Georgi
Senior Vice President Investor Relations
T: +49 (0) 6172 608-2485
markus.georgi@fresenius.com


22-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Fresenius SE & Co. KGaA
Else-Kröner-Straße 1
61352 Bad Homburg v.d.H.
Germany
Phone: +49 (0)6172 608-2485
Fax: +49 (0)6172 608-2488
E-mail: ir-fre@fresenius.com
Internet: www.fresenius.com
ISIN: DE0005785604
WKN: 578560
Indices: DAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Luxemburg

 
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