Summary: Fresenius SE&Co. KGaA - S&P Global Ratings’ Credit Research

Summary: Fresenius SE&Co. KGaA

Summary: Fresenius SE&Co. KGaA - S&P Global Ratings’ Credit Research
Summary: Fresenius SE&Co. KGaA
Published Feb 03, 2017
8 pages (2788 words) — Published Feb 03, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Leading positions in the global dialysis market and the European clinical nutrition and infusion therapy markets. Presence in industries with positive underlying growth trends. Recurring revenues and cash flow stream from the life-saving and life-sustaining products and therapies that the group offers, such as dialysis and generic IV (intravenous) drugs. Lack of widely available substitutes to dialysis. Geographically diverse asset base, which mitigates exposure to the economic cycles of individual countries. Relatively high representation of dialysis-related revenues in the group's sales mix. Exposure to public funding and changes in reimbursement policies. Track record of debt-financed acquisitions, in line with a financial policy that could turn temporarily aggressive. Track record of average debt to EBITDA above 3x and adjusted FFO to

  
Brief Excerpt:

...Leading positions in the global dialysis market and the European clinical nutrition and infusion therapy markets....

  
Report Type:

Summary

Ticker
FRE@GR
Issuer
GICS
Health Care Services (35102015)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Fresenius SE&Co. KGaA" Feb 03, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fresenius-SE-Co-KGaA-1795165>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Fresenius SE&Co. KGaA Feb 03, 2017. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fresenius-SE-Co-KGaA-1795165>
  
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