Fresenius Medical Care says expects weaker growth in fourth quarter

Fresenius Medical Care says expects weaker growth in fourth quarter
FILE PHOTO: Fresenius Medical Care CEO Rice Powell addresses the company's annual news conference in Bad Homburg near Frankfurt, Germany, February 27, 2018. REUTERS/Ralph Orlowski/File Photo Copyright Ralph Orlowski(Reuters)
By Reuters
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BERLIN (Reuters) - Germany's Fresenius Medical Care <FMEG.DE> warned it expected slower growth to continue in the fourth quarter after weaker-than-expected growth prompted the group to cut its earnings guidance earlier this month.

"We anticipate the impact from the current level of growth and less acquisitions to continue in the fourth quarter," Chief Executive Rice Powell said in a statement on Tuesday. "We have identified countermeasures and have begun implementation."

(Reporting by Caroline Copley; Editing by Maria Sheahan)

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