News: CSL UPDATE 1-Australia's CSL sees FY23 profit forecast in top-end of range

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    (Rewrites para 1, adds details on H1 FY23 in paragraph 3, FY24 profit forecast in paragraph 4)

    June 14 (Reuters) - Australian biotech giant CSL Ltd (CSL) said on Wednesday its constant-currency profit for fiscal year 2023 is expected to be at the top end of its guidance range of $2.7 billion to $2.8 billion.

    The company also said it now sees a foreign currency impact of between $230 million and $250 million for FY23, up from a previous forecast of $175 million.

    CSL had posted underlying profit, excluding one-off items, of $1.96 billion on a constant-currency basis for the half year, up 10% from a year earlier, due to a resurgence in blood plasma donations which enabled it to boost sales.

    The firm also expects its FY24 net profit after tax and amortisation to rise about 13% to 18% to between $2.9 billion and $3.0 billion at constant currency.

 
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