UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

For the month June 2020

(Commission File No. 001-35193)

Grifols, S.A.

(Translation of registrant’s name into English)

Avinguda de la Generalitat, 152-158

Parc de Negocis Can Sant Joan

Sant Cugat del Valles 08174

Barcelona, Spain

(Address of registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x  Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

Yes ¨  No x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

Yes ¨  No x

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨  No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-         .                       .

Grifols, S.A.

TABLE OF CONTENTS

Item	Sequential Page Number
1.Inside Information dated June 8, 2020	3

  Grifols, S.A.   Avinguda de la Generalitat 152-158 08174 Sant Cugat del Vallès Barcelona - ESPAÑA   Tel. [34] 935 710 500 Fax [34] 935 710 267   www.grifols.com

Pursuant to the provisions of article 226 of the Consolidated Text of the Securities Market Act, approved by the Legislative Royal Decree 4/2015, of 23 October, Grifols, S.A. ("Grifols") hereby informs about the following

INSIDE INFORMATION

As a result of the current situation derived from the COVID-19, Grifols has assessed its best estimate based on the information available to date of its potential impacts in accordance with International Financial Reporting Standards (“IFRS”).

According to the aforementioned evaluation, Grifols has estimated a total impact of 200 million euros for the fiscal year 2020. This impact, which is mainly related to inventory valuation, will be recognized on the gross margin line of the consolidated profit and loss for the first half of 2020.

In parallel, Grifols has implemented a containment plan of non-structural operating expenses to mitigate the abovementioned impact, estimated to have a positive effect of 100 million euros on the consolidated profit and loss of the 2020 financial year.

Final details of the impact on the Grifols’ financial statements will be provided upon publication of the group’s earnings releases.

In Barcelona, on 8 June 2020

Nuria Martín Barnés

Secretaria del Consejo de Administración

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Grifols, S.A.
By:	/s/ David I. Bell
	Name:	David I. Bell
	Title:	Authorized Signatory

Date:  June 8, 2020