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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CSL Limited | ASX:CSL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.36 | 0.13% | 276.20 | 275.60 | 276.00 | 277.50 | 274.44 | 276.00 | 472,252 | 09:50:00 |
From May 2019 to May 2024
23:08 GMT [Dow Jones] CSL (CSL.AU), Australia's largest pharmaceuticals group, is nursing a cold from the flu-vaccines business it bought from Novartis in a deal that completed in August. CSL signaled a US$130 million underlying net loss on the business in FY16, contributing to Goldman Sachs lowering its FY16-FY18 EPS forecasts by 1%-6%. Still, the broker retains a buy call on the stock. "We believe investors will likely regards FY17 metrics as a better reflection of the company's underlying earnings (whereas FY16 incorporates flu losses ahead of the restructuring program)," analyst Ian Abbott says. CSL last traded at A$88.99. (david.winning@wsj.com; @dwinningWSJ)
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 15, 2015 19:22 ET (23:22 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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