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FRESENIUS MED ADS Q1 2010 Earnings Call Transcript


Q1 2010 Earnings Call

May 4, 2010 9:30 am ET


Oliver Maier - SVP of IR

Ben Lipps - Chairman & CEO

Mike Brosnan - CFO


Lisa Clive - Sanford Bernstein

Kevin Ellich - RBC Capital Markets

Ilan Chaitowitz - Redburn Partners

Martin Wales - UBS

Julie Simmonds - Piper Jaffray

Tom Jones - Berenberg Bank

Andreas Dirnagl - Stephens

Kevin Ellich - RBC Capital Markets



Good day and welcome to the Fresenius Medical Care earnings release of first quarter 2010 results conference call. At this time, I’d like to hand the conference over Mr. Oliver Maier. Please go ahead, sir.

Oliver Maier

Thank you so much Marian. Good afternoon and good morning, everybody. I would like to welcome you to our first quarter results conference call. I’m joined today by Ben Lipps, our Chairman and CEO and Ben will address our strategic priorities and give you a general business update. Our Chief Financial Officer, Mike Brosnan will then discusses our first quarter results in greater detail and addresses our growth outlook for the full-year.

We will use slides for the presentation today, which has been posted on our website and link that will sent to you separately by e-mail. I would like to remind to you that our comments today will be gathering to our Safe Harbor statement, which means to the course of our presentation today, we make certain forward-looking statements and actual results could vary materially. We will use non-GAAP financial measures to help you understand our underlying business performance although the measures reconciliations are provided in our investor news.

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