Grifols distributes dividends for the first time in four years

BarcelonaAfter announcing it at the shareholders' meeting In June, and confirmed in its first-half results presentation, Grifols has launched a dividend distribution of €102 million. This is the first dividend paid to shareholders in four years and demonstrates a "firm commitment" to creating value for those who hold shares in the company.

The remuneration is 15 gross cents per share, both for Class A shares, with voting rights and listed on the Ibex 35, and for Class B shares, which are traded on the continuous market. The company explained that the current payment of this first dividend is a consequence of the "solid" performance of underlying results and the continued generation of free cash flow.

Grifols recorded a profit of €177 million during the first half of the year, between January and June, which is five times more than the same period last year, when it earned €36 million, as reported by the company this Tuesday.

This has been one of the reasons why the multinational blood products company has decided to return to the dividend. Between January and June, Grifols generated revenues of €3.677 billion, up 7%, while gross operating profit (EBITDA) reached €876 million, up 12.7%. The company had already soared on the stock market in early July after a report predicting very positive financial results.

During the results presentation, Grifols' CFO, Rahul Srinivasan, explained that it has set a target of paying a second interim dividend for the 2025 financial year in the second quarter of next year.

In parallel, the Grífols Roura family has decided to merge its own. family offices Deria and Ralledor Holding will become a single entity. Deria will become the company's largest shareholder. Following the transaction, Deria will control 15.349% of A shares and 10.8% of B shares, compared to the previous 9.195% and 6.154%, respectively.

The merger aims to optimize asset management, simplify the corporate structure, and ensure "an orderly and equitable succession model" for future generations, although the changes have not yet been filed with the National Securities Market Commission (CNMV).