FRANKFURT (dpa-AFX) - The recent upward trend in the shares of Fresenius Medical Care (FMC) and Fresenius continued on Monday. The shares of the medical group and hospital operator Fresenius climbed to their highest level in more than three months and recently gained 2.9 percent. The shares of the former subsidiary FMC reached their highest price for two months and were last quoted at plus six percent.

The dialysis specialist FMC is likely to have performed better in terms of profitability compared to the particularly cautious management forecast in the first quarter, wrote analyst Victoria Lambert from Berenberg Bank. The company is likely to have benefited in part from price increases and cost reductions./ajx/jha/