Report
Grifols B : Q3 preview: lower cost per litre start to surface driving margins to expand
>Cheaper plasma sourcing starts surfacing in the P&L driving margins to expand both q-o-q and y-o-y - The company is due to publish its Q3 2023 results on 2 November before the market opens. We expect sales to improve +4% y-o-y to € 1.6bn which implies some sequential top-line momentum deterioration (vs +8% in Q2 and +23% in Q1) as the company faces quite a hard comp (+37% in Q3 2022). At the EBITDA level, we expect a much faster pace (+17%) as the lower plasma sourci...
Underlying
Grifols S.A. Pref Class B
Provider
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.
Juan Ros-Padilla
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.