Perreault's CSL is a picture of health

Paul Perreault has continued CSL's very disciplined management, with strong top-line growth and yet another buyback flagged.

Paul Perreault was given one of the most daunting tasks in business when he was anointed the successor to arguably the best-performed chief executive in the country. The handover from Brian McNamee to Perreault, however, appears to have been seamless and CSL’s performance in his first year as chief executive ticks all the boxes that McNamee ticked over his 23 years at the helm.

The reported result -- an 8 per cent rise in earnings to $US1.3 billion -- understated how solidly CSL performed and how consistent its performance is with the latter years of McNamee’s tenure.


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