Our investment-grade and national credit tenants operating essential businesses in the necessity-based retail and healthcare industries continue to experience strong financial results even in the face of the economic turmoil caused by the COVID-19 pandemic.
S&P RATED
Investment-Grade BBB (Long-Term)
A-2 (Short-Term)
Net sales increased 27.6%; same-store sales increased 21.7%
Cash flows from operations increased 202.4% year-over-year to $1.7 billion
S&P RATED
Investment-Grade BBB (Long-Term)
A-2 (Short-Term)
Total revenues increased 8.3% year-over-year to $66.8 billion
Adjusted operating income increased 14.4% year-over-year to $4.1 billion
S&P RATED
Investment-Grade BBB (Long-Term)
A-2 (Short-Term)
Identical sales without fuel grew 19.0% year-over-year
Adjusted FIFO operating profit increased 51.1% year-over-year to $1.5 billion
S&P RATED
Investment-Grade BBB-
Same-store sales increased 7.0% year-over-year
Consolidated net sales increased 8.2% year-over-year to $6.29 billion
S&P RATED
Investment-Grade BBB
Fresenius Medical Care 5/6/20 Report
Revenue increased 9% year-over-year to EUR 4,488 million
Operating income increased 3% year-over-year to EUR 555 million
This encouraging news builds further upon the strong performance of our tenants during this difficult period. Our thoughts and prayers remain with all those who have been and continue to be impacted by this crisis.