CSL posts $1.3b profit

August 15, 2014

BIOTECHNOLOGY company CSL has posted net profit after tax for the year to June of US$1.31b (A$1.41b), up 7.8% from the previous year. CSL said about 10% of its revenues were generated in Australia. The company reported sales revenue of US$5.3b, up 7.7% from the previous year’s US$4.95b. bioCSL sales declined 4% to $433m with strong demand in the US more than offset by a reduction in European sales due to a market exit by the company’s business partner, it said. However sales of vaccines for measles, mumps and rubella grew strongly after successfully tendering for the Australian National Immunisation Program, CSL said. Two executive key management personnel were based in Australia with the remaining six now based outside the country, CSL said.

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Pharmacy Daily | CSL posts $1.3b profit

CSL posts $1.3b profit

Other recent headlines

PD breaking news – Queensland pharmacies scope of practice pilot expanded

Commbank to help navigate ownership

Littleproud visits Orana Mall

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES