2023-05-09 07:59:14 ET
- Grifols S.A. press release ( NASDAQ: GRFS ): Q1 Adjusted EBITDA margin improves to 21.0% (excl. Biotest) and Adjusted EBITDA increases 19% to €299 million, driven by operational leverage and cost discipline.
- Adjusted EBITDA guidance raised to 21%+ and 22-24% for H1’23 and FY23, respectively, while Adjusted EBITDA to EUR 1.4bn+ for FY’23 .
- Adjusted net profit of €26 million.
- Leverage ratio declines to 7.0x; positive Adjusted Operating Cash Flow, while Liquidity stands at EUR 1.3 billion. On track to drive leverage ratio down to 4.0x by 2024.
- Revenue of €1.56B.
For further details see:
Grifols S.A. reports Q1 results; raises FY23 guidance