CSL: Result 2014

CSL has reported another respectable result thanks to increasing sales from its immunology powerhouse.

CSL has reported a respectable full-year result, with revenue increasing 9% in constant currency terms to US$5.5bn due to strong demand for its antibody, albumin and specialty products. Net profit increased 8% to US$1.3bn, while earnings per share rose 11% to US$2.70 thanks to CSL’s ongoing share buyback. A final unfranked dividend of $0.60 was declared (ex date 8 Sep), bringing the annual total to $1.24, for a yield of 1.8%.

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