Report
Juan Ros-Padilla

Grifols B : Market watchdog sees relevant and significant deficiencies in the accounts, yet Grifols only gets a slap on the wrist

>Report finds deficiencies yet the company gets away with a light punishment - The Spanish market watchdog (CNMV) has finally issued its long-awaited report on Grifols’ unorthodox accounting methods. After reading it, we extract the following main conclusions: i) CNMV has found ‘relevant and significant deficiencies’ in the accounts, ii) besides pointing out the faults, the watchdog does not inquire further into what led the managers to proceed that way nor has any k...
Underlying
Grifols S.A. Pref Class B

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

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