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Intro Capital and Legal Structure - 6 Sep 24

Industry and Business - 6 Sep 24

Financials and Projections - 6 Sep 24

Investment Discussion - 6 Sep 24
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Yesterday’s results are further confirmation that Grifols are exiting our space, with 10% revenue growth, 25% EBITDA margins and
Grifols rating was upgraded to B+ from B, resulting from the private placement of €1.3bn bonds at 7.125% on a senior secured basis. The bond was raised
Grifols have ceded to pressure from minority shareholders and appointed two further directors to the Board. Mr Paul Henderson’s appointment follows