Fresenius SE & Co KGaA

FRE: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€17.00	Srdzdh	Zpfpfhmpd

Fresenius SE Earnings: Turnaround Continues, Improving 2023 Outlook

Julie Utterback

Nov 2, 2023

Narrow-moat Fresenius SE turned in solid third-quarter results and raised its ongoing operating profit guidance, as cost savings efforts continued and external pressures eased. Our EUR 50 fair value estimate remains intact, and shares appear significantly undervalued.

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