Report
Juan Ros-Padilla

Grifols A : Q3 EBITDA in line with our numbers. Guidance nuanced to the higher end

>Plasma collection grows at a high-single-digit pace while its unit cost keeps falling - Q3 group sales grew by +4% or +9% cc (vs +9% cc in Q2) reaching € 1.6bn, broadly in line with our numbers and the consensus. Biopharma posted a robust +8% y-o-y growth or +14% cc (vs +10% cc in Q2) to € 1.4bn driven by: i/ solid plasma collection growth (+10% in 9M vs +12% in H1), ii/ IGg demand (higher Xembify demand in the US and robust IGg demand in Europe/ROW) and price uptick...
Underlying
Grifols S.A. Class A

Grifols is engaged in developing, manufacturing and distributing a range of plasma derivative products. Plasma derivatives are proteins found in human plasma, which once isolated and purified, have therapeutic value. These protein-based therapies extend the lives of individuals who suffer from chronic and acute conditions. Co. also specializes in providing infusion solutions, nutrition products, medical devices, diagnostic instrumentation and reagents for use in hospitals and clinics. Co.'s products and services are used by healthcare providers in approximately 100 countries. Co.'s business is organized into three divisions: Bioscience, Diagnostic, Hospital and Raw Materials.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Juan Ros-Padilla

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais

ResearchPool Subscriptions

Get the most out of your insights

Get in touch