CSL first-half profit and revenue jump sharply
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.
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