- In 2024, the operating model to deliver the highest quality of patient care was further optimized by enhancing financial returns, and creating value for shareholders
- Ģý delivered 18% operating income growth on an outlook base in 2024
- Ongoing progress has been achieved in key areas of sustainability: notably in patient care and environmental footprint
Bad Homburg (March 13, 2025) Ģý (FME), the worldĢýs leading provider of products and services for individuals with renal diseases, released its 2024 Annual Report including its Sustainability Statement. By "Building the Momentum", the Annual Report highlights financial, social, and ecological developments the company has made over the past year. In 2024, FME delivered dynamic earnings and margin growth, showed strong cost discipline, and stringent pursuit of its strategic goals.
Helen Giza, CEO and Chair of the Management Board of Ģý AG, said: ĢýThe year 2024 marked the second year of a three-year transformation and turnaround journey for Ģý. With the major structural and legal changes undertaken in 2023, in 2024 our focus was on building momentum. Our efforts have been designed to strengthen our financial foundation Ģý both for today and for future sustainable, profitable growth.Ģý
The 2024 Annual Report summarizes ĢýĢýs steps to successfully deliver on the transformation. FME achieved important top- and bottom-line contributions, with 4% organic revenue growth and 18% operating income growth on an outlook base. In 2024, the company lowered debt, raised the dividend, and positioned itself for a new level of earnings growth in 2025.
The report includes the companyĢýs Sustainability Statement, which provides a comprehensive overview of strategic priorities set to support the companyĢýs long-term sustainable development and continues to report on progress in its three focus areas:
Enhancing quality care and access to health care: In 2024, Ģý once again achieved a high global patient Net Promoter Score (NPS) of 72 (2023:72), which confirms the effectiveness of the companyĢýs patient experience measures. FME measures patient satisfaction in its dialysis clinics globally using the Net Promoter Score. With 22 ongoing clinical studies and 165 published scientific research documents, FME advanced scientific knowledge and contributed valuable insights to improving health care.
Building the best team to serve patients: In a year of transformation, Ģý conducted its 5th Global Employee Engagement Survey with a score of 56% (2023: 55%). Further progress was made in integrating sustainability into relevant processes of the organization. This included linking compensation of the Management Board and senior executives to sustainability-related progress on global targets.
Reducing the companyĢýs environmental footprint: In 2024, Ģý´s reported Scope 1 and Scope 2 emissions footprint declined by 25% compared to 2020. The company has identified over 100 opportunities for energy efficiency at its production sites.
The Annual Report is available for download here.
Ģý Ģý:
Ģý is the world's leading provider of products and services for individuals with renal diseases of which around 4.2 million patients worldwide regularly undergo dialysis treatment. Through its network of 3,675 dialysis clinics, Ģý provides dialysis treatments for approx. 299,000 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 risk factors and uncertainties, including, but not limited to, changes in business, economic or competitive conditions, changes in reimbursement, regulatory compliance issues, regulatory reforms, results of clinical studies, foreign exchange rate and interest rate fluctuations, uncertainties in litigation or investigative proceedings, cyber security issues and the availability of financing. These and other risks and uncertainties are detailed in ĢýĢýs reports filed with the U.S. Securities and Exchange Commission. Ģý does not undertake any responsibility to update the forward-looking statements in this release.
