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Grifols: risk summary

Summaries are drawn from public sources and link to them. HSH does not give a risk rating: read the summary and sources and reach your own view. Unproven allegations are labelled as such. Suppliers can submit a response, which is shown alongside.

Financial

Latest full-year results from official filings.

FY2025 revenue €7.52bn (+7.0%); net margin 5.3%; net income €402.0m.

Net profit more than doubled; EBIT and leverage not captured.

Researched 8 Nov 2026

Adverse media

Credible news about incidents, disputes, legal action or restructuring in the last 24 months.

Aug 2025: Spain's securities regulator CNMV fined Grifols and several executives about €1.36m in total for inaccurate information in its 2021–2023 accounts and misleading performance measures, following short-seller Gotham City Research's 2024 allegations.

Researched 10 Nov 2026

Cyber & information governance

Data breaches, cyber incidents, regulator action and assurance status.

No data breaches or cyber incidents involving Grifols found in HSH's search of the last 24 months. NHS DSPT status not yet checked.

Researched 10 Nov 2026

Regulatory & clinical safety

Recalls, safety notices, regulator action and clinical safety concerns.

Nov 2025: Grifols Therapeutics recalled one lot of Gammaked immune globulin in the US after a higher rate of allergic and hypersensitivity reactions, including a small number of medically significant cases. No diagnostics-specific actions found.

Researched 10 Nov 2026

Contract performance

Contract delivery, go-lives, terminations and disputes.

Jun 2025: NHS Blood and Transplant directly awarded Grifols UK a £131k (ex VAT) contract to supply 500ml cell media bottles. No disputes or terminations found in HSH's search of the last 24 months.

Researched 10 Nov 2026