Home / Business and Economy / CSL Ltd. Eyes Flat Revenue, Slow Profit Growth
CSL Ltd. Eyes Flat Revenue, Slow Profit Growth
18 Aug
Summary
- CSL forecasts no revenue growth for fiscal 2027.
- Underlying net profit after tax growth expected at 5% constant currency.
- Company undergoing a sweeping restructuring.
CSL Ltd. is bracing for another year of modest financial performance, projecting no revenue growth for fiscal year 2027. The Australian health-care giant anticipates its underlying net profit after tax to rise by roughly 5%, measured at constant currency.
This forecast signals a continued period of subdued financial results for the company. CSL Ltd. is actively pursuing a comprehensive restructuring program, aiming to streamline operations and improve future performance. The company has also indicated that foreign exchange fluctuations are expected to negatively affect its financial outcomes.
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