Grifols Reports First-Half 2026 Revenue of €3.574 Billion, Maintains Full-Year Guidance

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Grifols reported first-half 2026 revenue of €3.574 billion, a 2.6% increase at constant currency, and maintained its full-year free cash flow guidance of $500 million to $575 million. Biopharma revenue grew 5.4% at constant currency, driven by a 12.8% rise in the immunoglobulin franchise, while Xembify revenue surged nearly 34% in the second quarter. Adjusted EBITDA reached €854 million for the half, with a margin of 23.9%, and free cash flow before M&A improved by €103 million year-over-year to €91 million. The company closed 29 U.S. donor centers, incurring $40 million in one-off costs, and is expanding plasma sourcing in Egypt, which now supplies 25% of ex-U.S. collections with a target of 50% by 2029. Management also confirmed the SPARTA Phase 3 study for Alpha-1 remains on track for top-line results in late Q4 2026.

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Weiguang Biological's Belarus Blood Transfusion Center Cooperation Project Officially Delivered, Completing China's First Export of Blood Product Technology

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