• Economic environment
• Health care industry
• The Management Board’s assessment of the effect of general economic developments
• Significant factors affecting operating performance
• The Management Board’s assessment of the business results
• Comparison of the actual business results with the forecasts

The Management Board’s assessment of the effect of general economic developments and those in the health care sector for Fresenius

The development of the world economy had an only negligible impact on our industry. On the whole, the health care sector, both in mature and growth markets, developed positively for Fresenius in 2012, with a continued increasing demand for health services. Strong demand for its products and services enabled Fresenius to grow with its respective markets or even outpace their growth.