Fresenius Medical says fourth quarter operating profit up 3%
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FRANKFURT (Reuters) - Germany's Fresenius Medical Care on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America. Fourth-quarter earnings before interest and tax, adjusted for special items, advanced to 655 million euros (547.4 million pounds), the group said in an unscheduled statement, coming in below a median analyst estimate of 689..