NewsBite

CSL first-half profit and revenue jump sharply

Yolanda Redrup
Yolanda RedrupRich List Editor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Key Points

  • Half-year revenue ($USm) 4910.6 , up 9.0%
  • Pre-tax profit ($USm) 1561.3 , up 6.9%
  • Net profit ($USm) 1248.0 , up 7.5%
  • Interim dividend (USc) 95.0 , up 11.8%

A stellar performance from blood products company CSL's core immunoglobulin portfolio has led the healthcare giant to another strong result, with profits jumping 7.5 per cent to $US1.25 billion ($1.86 billion) in the first half.

On a constant currency basis the company's net profit growth climbed into the double digits, hitting 11.3 per cent, while its revenue was also up 11 per cent on a constant currency (9 per cent in a statutory basis), reaching $US4.91 billion for the six months ended December 31 -  slightly ahead of consensus estimates.

Loading...
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Healthcare & fitness

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/healthcare-and-fitness/csl-first-half-profit-and-revenue-jump-sharply-result-set-to-impress-with-revenue-profits-up-strongly-20200207-p53ynm