CSL 3.32% $298.68 csl limited

Yeah, it's a little confusing. I'm with you @SaltyInvestor.But...

  1. 909 Posts.
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    Yeah, it's a little confusing. I'm with you @SaltyInvestor.

    But the AFR seems to like it, annoucing "CSL increases dividend, flags profit growth in FY21".

    When I look at the current years results, they have missed NPAT guidance by $7 million ($2,103M) but on a constant currency basis, the NPAT is $2,247M.

    The outlook for FY2021 is a range. It could be flat, but it could be up by as much as 8%. This factors in new costs of R&D for a COVID vaccine and 4 COVID treatments, as well as global economic uncertainty.

    Really, an extremely good result for 2020, and going forward for 2021, given we are in the depths of a global pandemic and the worst global recession since the Great Depression.


    Last edited by jdon: 19/08/20
 
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