Ģý, the world's leading provider of products and services for individuals with renal diseases, is on a defined path of turning around the performance, and has outlined its strategy, as Helen Giza, CEO of Ģý, reported at todayĢýs Annual General Meeting. ĢýOur strategic roadmap starts with having an optimal structure in placeĢý, Giza said in her speech to the shareholders, referring to the new operational model, which is in effect since January 1, 2023, and the proposed change of the legal form, which will be decided upon in an extraordinary general meeting on July 14, 2023. ĢýWe are just at the beginning of a new chapter in ĢýĢýs history, and I am energized and excited about our clear transformational turnaround plan under execution, supported by our 125,000 employees around the world. By 2025, Ģý will not only be a more agile and more resilient company, but also remain the partner of choice, setting the standard in kidney care with industry leading returns.Ģý
ĢýThere is no other global healthcare company with our expertise, scope, and scale in kidney care. Ģý is uniquely positioned to meet the demands for kidney care on a global basisĢý, Helen Giza said. ĢýToday, our predictive analytics capabilities and continuous enhancement of medical algorithms are key parameters for improving the quality of outcomes and quality of life for our patients.Ģý
A large shareholder majority of 99.99 percent approved the dividend proposal of €1.12, which reflects a reduction by 17 percent compared to the previous year, in line with the policy to align dividend payments with earnings development.
Shareholder majorities of 99.09 and 91.46 percent, respectively, approved the actions of the General Partner and the Supervisory Board in 2022.
At the Annual General Meeting, 87.12 percent of the registered capital was represented. The meeting again was held as a purely virtual event.
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Ģý is the world's leading provider of products and services for individuals with renal diseases of which around 3.9 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,060 dialysis clinics, Ģý provides dialysis treatments for approximately 343,000 patients around the globe. Ģý is also the leading provider of dialysis products such as dialysis machines or dialyzers. Ģý is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).
Disclaimer:
This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, impacts related to COVID-19, results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Ģý AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Ģý AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.