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 income1. Thereof, approximately EUR 30 million are attributable to Fresenius Kabi and approximately EUR 60 million2 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.
1 Net income attributable to shareholders of Fresenius SE & Co. KGaA
2 Based on Fresenius’ 31% shareholding in Fresenius Medical Care AG & Co. KGaA
This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of clinical trials, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. Fresenius does not undertake any responsibility to update the forward-looking statements in this release.
September 15, 2018
Paris, France
ERS
International Congress of the European Respiratory Society (ERS)
15.9. - 19.9.2018
September 15, 2018
Genoa, Italy
EDTNA / ERCA
47th EDTNA / ERCA International Conference
15.9. - 18.9.2018
May 26, 2018
Vienna, Austria
World Congress on Acute Heart Failure
World Congress on Acute Heart Failure
26.5. - 29.5.2018
May 24, 2018
Copenhagen, Denmark
ERA-EDTA
55th Congress of European Dialysis and Transplant Association (ERA-EDTA)
24.5. - 27.5.2018
May 17, 2018
Frankfurt, Germany
Annual General Meeting 2018, Fresenius Medical Care
May 05, 2018
Vancouver, Canada
ISPD
17th Congress of the International Society for Peritoneal Dialysis (ISPD)
5.5. - 8.5.2018
May 05, 2018
Lisbon, Portugal
EAS
86th Congress of the European Atherosclerosis Society (EAS)
5.5. - 8.5.2018
January 15, 2018
Frankfurt, Germany
Kepler Cheuvreux 17th German Corporate Conference
January 15 – 16, 2018