Fresenius Medical Care (FMS) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, August 11, 2026 astatine 9:40 AM CDT 50 min read

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DATE

Tuesday, Aug. 4, 2026, astatine 9:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer and Chair of the Management Board - Helen Giza

• Chief Financial Officer - Martin Fischer

• Investor Relations - Dominik Heger

Full Conference Call Transcript

Operator: Ladies and gentlemen, invited to the study connected Second Quarter 2026 Earnings Release and Conference Call. I americium Valentina, the Chorus Call operator. [Operator Instructions] And the league is being recorded. [Operator Instructions] At this time, it's my pleasance to manus implicit to Dr. Dominik Heger. Please spell ahead.

Dominik Heger: Thank you, Valentina. I would similar to invited everyone to our net telephone for the 2nd 4th of 2026. I admit your flexibility to articulation this earlier call. We felt it is much adjuvant to person the telephone earlier fixed that we had to people earlier than primitively planned. I bash apologize for the inconvenience, successful peculiar for those of you who are located successful a antithetic clip portion oregon those of you who screen different institution hosting a telephone successful parallel close now. As always, I commencement retired the telephone by mentioning our cautionary connection that is successful our harmless harbor connection arsenic good arsenic successful our presumption and successful each the materials that we person distributed earlier today.

For further details concerning risks and uncertainties, delight notation to these documents and to our SEC filings. The telephone is scheduled for 1 hour. In bid to springiness everyone the accidental to inquire questions, we bounds the fig of questions arsenic ever to two. Thank you for making this work. Let maine present invited Helen Giza, CEO and Chair of the Management Board; and Martin Fischer, our Chief Financial Officer. Helen, the level is yours.

Helen Giza: Thank you, Dominik, and welcome, everyone, and convey you for joining astatine this earlier clip of the day. I volition statesman my prepared remarks connected Slide 4. We continued our beardown commencement to the year, delivering different 4th of highly profitable growth, supported by coagulated integrated gross improvement and further betterment successful profitability. Operating income maturation accelerated to 23%, successful enactment with our planned phasing for the year, and we realized different 4th of borderline expansion. This was besides supported by the continued execution of our FME25+ translation program, which delivered EUR 67 cardinal of sustainable savings during the quarter.

We besides completed our archetypal EUR 1 cardinal stock buyback programme connected an accelerated clip enactment and person already launched a 2nd EUR 1 cardinal program, underscoring our continued absorption connected disciplined superior allocation and reigniting shareholder returns. With a nett leverage ratio of 2.6x, we stay astir the little extremity of our people corridor and proceed to support a beardown fiscal position. With that overview, fto maine crook to the cardinal 2nd 4th highlights crossed our operating segments connected Slide 5. Beginning with Care Delivery. The planetary markets delivered 0.8% same-market attraction growth. In the U.S., aforesaid marketplace attraction maturation declined by 0.9%.