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Grifols rallies 20% afer KPMG signs off on 2023 financials
The Fly

Grifols rallies 20% afer KPMG signs off on 2023 financials

Shares of Grifols are moving higher after the company disclosed that its auditor signed off on its financials. In a letter to shareholders, KPMG stated, “In our opinion, the accompanying consolidated annual accounts give a true and fair view, in all material respects, of the consolidated equity and consolidated financial position of the Group at 31 December 2023 and of its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards as adopted by the European Union and other provisions of the financial reporting framework applicable in Spain.” Shares of Grifols, have been pressured by Gotham City short seller reports, are up 20% to $6.74 in midday trading.

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