Biotest Increases Revenues in the First 9 Months by 4.5% to Euro 523 Million [Yahoo! Finance]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
Company Research
Source: Yahoo! Finance
Adjusted EBIT was Maintained at Previous Year's Level as Growing Core Business Gradually Replaces Earnings F rom Technology Transfer and Development Services Biotest Submitted Initial Marketing Authorization Application for Its Fibrinogen Concentrate (BT524) Following the Decentralized Procedure for Approval in Germany, Austria and Spain Guidance for Revenue, Cash Flow and ROCE Corrected EBIT Guidance Remains Unchanged DREIEICH, Germany - NewMediaWire ) - November 14, 2024 - The Biotest Group generated sales of 522.7 million in the first nine months of the financial year 2024. This corresponds to an increase of 4.5% compared to the same period of the previous year ( 500.3 million). Revenue from products and toll manufacturing increased by 49.9 million or 13.7%, to 414.4 million. In addition, revenue from technology disclosure and development services for Grifols, S.A. as part of the technology transfer and license agreement amounted to 108.3 million, compared to 135.4 million
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