Grifols reported strong constant currency sales, further helped by currency tailwinds, culminating in sales growth of 13.1% to €1,157m. Profitability, although better sequentially, remained under pressure, on account of the investments going towards increasing plasma collection and preparing for the launch of 20% SCIG. Overall, not impressive.
09 May 2019
Mixed performance in Q1 19
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Mixed performance in Q1 19
Grifols, S.A. Class A (GRF:WBO) | 0 0 1.0% | Mkt Cap: 14,874m
- Published:
09 May 2019 -
Author:
Kamla Singh -
Pages:
3
Grifols reported strong constant currency sales, further helped by currency tailwinds, culminating in sales growth of 13.1% to €1,157m. Profitability, although better sequentially, remained under pressure, on account of the investments going towards increasing plasma collection and preparing for the launch of 20% SCIG. Overall, not impressive.