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Spain s Grifols posts 59 mln euro profit in 2023, reduces debt ratio

Spanish drugmaker Grifols on Thursday reported a profit of 59 million euros in 2023, down from 208 million euros the prior year due to restructuring costs, while it lowered its debt ratio. .

Grifols hushed on Gotham City short-sell attack during annual results

Grifols hushed on Gotham City short-sell attack during annual results
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Grifols shares tumble as restructuring costs hit annual profit

BARCELONA -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 profit due to restructuring costs and rising expenses, though it said it cut its debt. -February 29, 2024 at 07:44 am EST - MarketScreener

Grifols CEO Glanzmann to become non-executive chairman in 2025

BARCELONA (Reuters) -Spanish drug maker Grifols' top executive Thomas Glanzmann said on Thursday he will become non-executive chairman in 2025 as part of the beleaguered company's management overhaul. Glanzmann, who is currently both chief executive and executive chairman, had said earlier this month he would leave the CEO job on April 1, but remain executive chairman afterwards. Grifols shares on Spain's blue-chip index <.IBEX> were down 6.5% to 10.9 euros per share shortly after Glanzmann's announcement, regaining some of the ground lost earlier in the day when it reported a 72% plunge in 2023 profit.

Grifols hushed on Gotham City short-sell attack during annual results

Grifols hushed on Gotham City short-sell attack during annual results
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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