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Grifols on track to meet 2024 targets despite third-quarter profit drop

By Thomson Reuters Nov 7, 2024 | 10:58 AM

MADRID (Reuters) – Spanish drugmaker Grifols said on Thursday it was on track to meet its targets for the year after its net profit fell 7.5% in the third quarter from the same period a year ago.

The company booked a net profit of 52 million euros ($56.11 million) in the period on revenues worth 1.79 billion euros.

Analysts polled by LSEG expected revenues of 1.75 billion euros during the period.

($1 = 0.9267 euros)

(Reporting by Inti Landauro)