Spain's Grifols publishes 2023 results with auditor's 'unqualified opinion' [Reuters]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
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Source: Reuters
results which it said were approved with an unqualified opinion from its auditor KPMG. Grifols has been on the market spotlight, with its share price tumbling, since in January short-seller fund Gotham City Research questioned the company's accounting and debt ratio. Grifols published its 2023 results last week but said it would receive an audit by KPMG by Mar. 8. It reported a 72% plunge in 2023 profit, down to 59 million euros ($64.59 million) due to the impact of its restructuring costs. It lowered its debt-to-EBITDA ratio to 6.3 times at the end of 2023 from 6.7 times in the third quarter. ($1 = 0.9134 euros) Reporting by Joan Faus: Editing by Emma Pinedo Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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