Please kindly note:
| KPI | [EUR m] | Q2 2025 | Q1-Q2 2025 | FY 2025 | Q2 2026 E | H1 2026 E | FY 2026 E | FY 2027 E |
|---|---|---|---|---|---|---|---|---|
| Fresenius Kabi, revenue | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Kabi, revenue | Highest | 2,266.0 | 4,416.0 | 9,311.3 | 10,013.5 | |||
| Fresenius Kabi, revenue | Consensus (Mean) | 2,111.0 | 4,257.0 | 8,612.0 | 2,232.1 | 4,382.1 | 9,074.4 | 9,660.3 |
| Fresenius Kabi, revenue | Median | 2,223.7 | 4,373.7 | 9,066.6 | 9,675.0 | |||
| Fresenius Kabi, revenue | Lowest | 2,206.0 | 4,356.0 | 8,892.9 | 9,322.2 | |||
| Fresenius Kabi, organic revenue growth (in %) | Number of Estimates | 11 | 7 | 10 | 10 | |||
| Fresenius Kabi, organic revenue growth (in %) | Highest | 7.5 | 6.8 | 8.1 | 7.5 | |||
| Fresenius Kabi, organic revenue growth (in %) | Consensus (Mean) | 6.0 | 5.0 | 7.0 | 6.6 | 6.2 | 6.5 | 6.3 |
| Fresenius Kabi, organic revenue growth (in %) | Median | 6.6 | 6.2 | 6.4 | 6.3 | |||
| Fresenius Kabi, organic revenue growth (in %) | Lowest | 5.0 | 5.5 | 5.3 | 4.8 | |||
| thereof Medtech, revenue | Number of Estimates | 11 | 11 | 10 | 10 | |||
| thereof Medtech, revenue | Highest | 419.4 | 811.4 | 1,724.7 | 1,869.3 | |||
| thereof Medtech, revenue | Consensus (Mean) | 392.0 | 791.0 | 1,610.0 | 412.8 | 804.8 | 1,688.4 | 1,809.9 |
| thereof Medtech, revenue | Median | 413.6 | 805.6 | 1,687.6 | 1,821.3 | |||
| thereof Medtech, revenue | Lowest | 406.1 | 798.1 | 1,650.3 | 1,732.8 | |||
| thereof Nutrition, revenue | Number of Estimates | 11 | 11 | 10 | 10 | |||
| thereof Nutrition, revenue | Highest | 621.7 | 1,231.7 | 2,563.7 | 2,743.2 | |||
| thereof Nutrition, revenue | Consensus (Mean) | 581.0 | 1,193.0 | 2,396.0 | 611.1 | 1,221.1 | 2,516.7 | 2,685.9 |
| thereof Nutrition, revenue | Median | 609.6 | 1,219.6 | 2,510.9 | 2,688.8 | |||
| thereof Nutrition, revenue | Lowest | 604.2 | 1,214.2 | 2,479.9 | 2,618.6 | |||
| thereof Biopharma, revenue | Number of Estimates | 11 | 11 | 10 | 10 | |||
| thereof Biopharma, revenue | Highest | 265.0 | 503.0 | 1,202.0 | 1,490.5 | |||
| thereof Biopharma, revenue | Consensus (Mean) | 190.0 | 380.0 | 871.0 | 253.7 | 491.7 | 1,085.7 | 1,273.0 |
| thereof Biopharma, revenue | Median | 253.6 | 491.6 | 1,083.6 | 1,283.3 | |||
| thereof Biopharma, revenue | Lowest | 247.0 | 485.0 | 1,017.7 | 1,120.1 | |||
| Subtotal Growth Vectors, revenue | Number of Estimates | 11 | 11 | 10 | 10 | |||
| Subtotal Growth Vectors, revenue | Highest | 1,296.4 | 2,536.4 | 5,464.3 | 6,051.1 | |||
| Subtotal Growth Vectors, revenue | Consensus (Mean) | 1,164.0 | 2,365.0 | 4,877.0 | 1,277.6 | 2,517.6 | 5,290.8 | 5,768.8 |
| Subtotal Growth Vectors, revenue | Median | 1,276.4 | 2,516.4 | 5,304.5 | 5,773.7 | |||
| Subtotal Growth Vectors, revenue | Lowest | 1,260.8 | 2,500.8 | 5,157.9 | 5,512.5 | |||
| Pharma (IV Drugs & Fluids), revenue | Number of Estimates | 11 | 11 | 10 | 10 | |||
| Pharma (IV Drugs & Fluids), revenue | Highest | 975.0 | 1,886.0 | 3,847.1 | 3,969.6 | |||
| Pharma (IV Drugs & Fluids), revenue | Consensus (Mean) | 947.0 | 1,893.0 | 3,735.0 | 955.1 | 1,866.1 | 3,778.2 | 3,890.1 |
| Pharma (IV Drugs & Fluids), revenue | Median | 957.5 | 1,868.5 | 3,780.9 | 3,878.4 | |||
| Pharma (IV Drugs & Fluids), revenue | Lowest | 936.9 | 1,847.9 | 3,710.0 | 3,809.7 | |||
| Fresenius Kabi, EBIT | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Kabi, EBIT | Highest | 382.0 | 740.0 | 1,565.8 | 1,741.0 | |||
| Fresenius Kabi, EBIT | Consensus (Mean) | 346.0 | 706.0 | 1,413.0 | 365.8 | 723.8 | 1,510.9 | 1,663.6 |
| Fresenius Kabi, EBIT | Median | 364.4 | 722.4 | 1,508.9 | 1,662.7 | |||
| Fresenius Kabi, EBIT | Lowest | 355.2 | 713.2 | 1,465.8 | 1,543.0 | |||
| Fresenius Kabi, EBIT margin | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Kabi, EBIT margin | Highest | 16.9 | 16.8 | 16.9 | 18.0 | |||
| Fresenius Kabi, EBIT margin | Consensus (Mean) | 16.4 | 16.6 | 16.4 | 16.4 | 16.5 | 16.6 | 17.2 |
| Fresenius Kabi, EBIT margin | Median | 16.3 | 16.5 | 16.6 | 17.2 | |||
| Fresenius Kabi, EBIT margin | Lowest | 16.0 | 16.3 | 16.5 | 16.6 | |||
| thereof Growth Vectors, EBIT | Number of Estimates | 10 | 10 | 10 | 10 | |||
| thereof Growth Vectors, EBIT | Highest | 213.0 | 408.0 | 899.8 | 1,035.2 | |||
| thereof Growth Vectors, EBIT | Consensus (Mean) | 166.0 | 350.0 | 743.0 | 206.2 | 401.2 | 860.5 | 981.5 |
| thereof Growth Vectors, EBIT | Median | 207.5 | 402.5 | 870.8 | 1,003.1 | |||
| thereof Growth Vectors, EBIT | Lowest | 190.0 | 385.0 | 817.0 | 882.0 | |||
| thereof Growth Vectors, EBIT margin (in %) | Number of Estimates | 10 | 10 | 10 | 10 | |||
| thereof Growth Vectors, EBIT margin (in %) | Highest | 16.8 | 16.2 | 17.0 | 17.7 | |||
| thereof Growth Vectors, EBIT margin (in %) | Consensus (Mean) | 14.3 | 14.8 | 15.2 | 16.2 | 15.9 | 16.3 | 17.0 |
| thereof Growth Vectors, EBIT margin (in %) | Median | 16.2 | 16.0 | 16.2 | 17.1 | |||
| thereof Growth Vectors, EBIT margin (in %) | Lowest | 15.0 | 15.4 | 15.6 | 16.0 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT | Number of Estimates | 10 | 10 | 10 | 10 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT | Highest | 201.0 | 395.0 | 837.4 | 870.4 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT | Consensus (Mean) | 206.0 | 422.0 | 813.0 | 192.7 | 386.7 | 802.6 | 828.2 |
| thereof Pharma (IV Drugs & Fluids), EBIT | Median | 192.7 | 386.7 | 801.3 | 834.3 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT | Lowest | 183.5 | 377.5 | 765.7 | 781.0 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT margin (in %) | Number of Estimates | 10 | 10 | 10 | 10 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT margin (in %) | Highest | 20.6 | 20.9 | 22.0 | 22.2 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT margin (in %) | Consensus (Mean) | 21.8 | 22.3 | 21.8 | 20.2 | 20.7 | 21.2 | 21.3 |
| thereof Pharma (IV Drugs & Fluids), EBIT margin (in %) | Median | 20.3 | 20.8 | 21.1 | 21.1 | |||
| thereof Pharma (IV Drugs & Fluids), EBIT margin (in %) | Lowest | 19.5 | 20.4 | 20.5 | 20.5 | |||
| thereof Corporate, EBIT | Number of Estimates | 10 | 10 | 10 | 10 | |||
| thereof Corporate, EBIT | Highest | -26.0 | -57.0 | -120.0 | -100.0 | |||
| thereof Corporate, EBIT | Consensus (Mean) | -27.0 | -67.0 | -143.0 | -34.8 | -65.8 | -151.6 | -153.9 |
| thereof Corporate, EBIT | Median | -35.7 | -66.7 | -145.9 | -150.9 | |||
| thereof Corporate, EBIT | Lowest | -40.0 | -71.0 | -195.9 | -207.5 | |||
| Fresenius Helios, revenue | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Helios, revenue | Highest | 3,552.2 | 7,053.2 | 14,254.6 | 14,996.0 | |||
| Fresenius Helios, revenue | Consensus (Mean) | 3,370.0 | 6,764.0 | 13,550.0 | 3,524.4 | 7,025.4 | 14,196.6 | 14,854.6 |
| Fresenius Helios, revenue | Median | 3,521.8 | 7,022.8 | 14,198.5 | 14,868.4 | |||
| Fresenius Helios, revenue | Lowest | 3,491.1 | 6,992.1 | 14,110.9 | 14,647.8 | |||
| Fresenius Helios, organic revenue growth (in %) | Number of Estimates | 11 | 7 | 10 | 10 | |||
| Fresenius Helios, organic revenue growth (in %) | Highest | 5.4 | 4.3 | 5.2 | 5.3 | |||
| Fresenius Helios, organic revenue growth (in %) | Consensus (Mean) | 5.0 | 6.0 | 7.0 | 4.6 | 4.1 | 4.8 | 4.6 |
| Fresenius Helios, organic revenue growth (in %) | Median | 4.5 | 4.1 | 4.8 | 4.7 | |||
| Fresenius Helios, organic revenue growth (in %) | Lowest | 4.0 | 3.7 | 4.2 | 3.5 | |||
| Helios Germany, revenue | Number of Estimates | 12 | 12 | 10 | 10 | |||
| Helios Germany, revenue | Highest | 2,101.1 | 4,193.1 | 8,527.1 | 8,953.4 | |||
| Helios Germany, revenue | Consensus (Mean) | 2,001.0 | 4,047.0 | 8,121.0 | 2,088.0 | 4,180.0 | 8,461.4 | 8,813.4 |
| Helios Germany, revenue | Median | 2,083.7 | 4,175.7 | 8,462.7 | 8,800.8 | |||
| Helios Germany, revenue | Lowest | 2,081.0 | 4,173.0 | 8,410.0 | 8,683.5 | |||
| Helios Spain, revenue | Number of Estimates | 12 | 12 | 10 | 10 | |||
| Helios Spain, revenue | Highest | 1,458.0 | 2,867.0 | 5,781.9 | 6,128.8 | |||
| Helios Spain, revenue | Consensus (Mean) | 1,369.0 | 2,717.0 | 5,429.0 | 1,436.4 | 2,845.4 | 5,730.8 | 6,052.5 |
| Helios Spain, revenue | Median | 1,434.1 | 2,843.1 | 5,729.5 | 6,054.3 | |||
| Helios Spain, revenue | Lowest | 1,410.1 | 2,819.1 | 5,680.4 | 5,964.4 | |||
| Fresenius Helios, EBIT | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Helios, EBIT | Highest | 380.7 | 748.7 | 1,488.0 | 1,569.0 | |||
| Fresenius Helios, EBIT | Consensus (Mean) | 337.0 | 670.0 | 1,328.0 | 373.0 | 741.0 | 1,452.3 | 1,510.1 |
| Fresenius Helios, EBIT | Median | 373.4 | 741.4 | 1,457.2 | 1,506.9 | |||
| Fresenius Helios, EBIT | Lowest | 357.1 | 725.1 | 1,422.9 | 1,466.4 | |||
| Fresenius Helios, EBIT margin (in %) | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Fresenius Helios, EBIT margin (in %) | Highest | 10.8 | 10.6 | 10.4 | 10.6 | |||
| Fresenius Helios, EBIT margin (in %) | Consensus (Mean) | 10.0 | 9.9 | 9.8 | 10.6 | 10.5 | 10.2 | 10.2 |
| Fresenius Helios, EBIT margin (in %) | Median | 10.6 | 10.6 | 10.3 | 10.2 | |||
| Fresenius Helios, EBIT margin (in %) | Lowest | 10.1 | 10.3 | 10.0 | 9.8 | |||
| Helios Germany, EBIT | Number of Estimates | 11 | 11 | 10 | 10 | |||
| Helios Germany, EBIT | Highest | 179.0 | 352.0 | 746.5 | 778.2 | |||
| Helios Germany, EBIT | Consensus (Mean) | 150.0 | 307.0 | 662.0 | 175.8 | 348.8 | 728.0 | 737.6 |
| Helios Germany, EBIT | Median | 176.9 | 349.9 | 734.8 | 741.0 | |||
| Helios Germany, EBIT | Lowest | 170.6 | 343.6 | 691.6 | 690.6 | |||
| Helios Spain, EBIT | Number of Estimates | 11 | 11 | 10 | 10 | |||
| Helios Spain, EBIT | Highest | 206.5 | 401.5 | 732.3 | 786.2 | |||
| Helios Spain, EBIT | Consensus (Mean) | 189.0 | 365.0 | 669.0 | 199.5 | 394.5 | 722.4 | 768.3 |
| Helios Spain, EBIT | Median | 199.0 | 394.0 | 724.1 | 770.0 | |||
| Helios Spain, EBIT | Lowest | 194.6 | 389.6 | 710.8 | 754.9 | |||
| Helios Corporate, EBIT | Number of Estimates | 11 | 11 | 10 | 10 | |||
| Helios Corporate, EBIT | Highest | 0.0 | 0.0 | 0.0 | 0.0 | |||
| Helios Corporate, EBIT | Consensus (Mean) | -2.0 | -2.0 | -3.0 | -0.8 | -0.8 | -1.7 | -1.8 |
| Helios Corporate, EBIT | Median | -0.3 | -0.3 | -1.5 | -1.5 | |||
| Helios Corporate, EBIT | Lowest | -4.0 | -4.0 | -5.0 | -5.2 | |||
| Corporate/Other, revenue | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Corporate/Other, revenue | Highest | 102.0 | 194.0 | 732.3 | 754.3 | |||
| Corporate/Other, revenue | Consensus (Mean) | 90.0 | 181.0 | 392.0 | 95.1 | 187.1 | 435.2 | 451.4 |
| Corporate/Other, revenue | Median | 94.9 | 186.9 | 407.5 | 424.0 | |||
| Corporate/Other, revenue | Lowest | 85.5 | 177.5 | 392.0 | 392.0 | |||
| Corporate/Other, EBIT | Number of Estimates | 12 | 12 | 11 | 11 | |||
| Corporate/Other, EBIT | Highest | -35.0 | -83.0 | -177.0 | -181.5 | |||
| Corporate/Other, EBIT | Consensus (Mean) | -29.0 | -68.0 | -146.0 | -43.9 | -91.9 | -207.0 | -218.4 |
| Corporate/Other, EBIT | Median | -44.6 | -92.6 | -200.0 | -213.7 | |||
| Corporate/Other, EBIT | Lowest | -55.0 | -103.0 | -250.0 | -260.0 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
