Fresenius SE & Co KGaA
FRE: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€44.00 | Djtfk | Fwpdnxf |
Fresenius SE Earnings: Profit Growth Accelerating Mildly as Turnaround Continues
Narrow-moat Fresenius SE turned in solid fourth-quarter results and expects profit growth to accelerate in 2024, as external pressures ease and cost reductions continue. While the firm did not report full financial statements, at first glance, we do not expect to change our EUR 50 fair value estimate. Shares remain undervalued.