GRFS News & Events

Reports Q4 revenue EUR 1.98B, consensus EUR 1.95B. The company said, "We are confident about Grifols' highly differentiated strategy and positioning, which has been many years in the making and will support our continued margin improvement-led EBITDA growth, enhanced free cash flow generation and deleveraging path. Grifols financial and operational performance has been rewarded by strong re-rating progress across all three credit rating agencies: S&P upgraded Grifols' credit rating to 'BB-' with a 'Stable' outlook; Fitch revised the outlook to 'Positive' and affirmed the 'B+' rating; Moody's upgraded Grifols' rating to 'B1' from 'B2' with a 'Stable' outlook. All three credit rating agencies acknowledge Grifols' strong investment grade-like business characteristics."

The company said, "For 2026, Grifols expects reaching Free Cash Flow pre-M&A pre-dividends of EUR 500m-575m, an Adjusted EBITDA margin of greater than or equal to25% with continued Adjusted EBITDA growth of 5-9% at constant currency, and a continued deleveraging path. 2027 milestones are unchanged: credit agreement leverage of 3.5x or lower by year-end 2027 and cumulative FCF pre-M&A pre-dividends (2024- 2027) of EUR 1.75-2.0bn."