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Healthcare & Pharmaceuticals

Australia's CSL reports 2% fall in annual profit

August 17th, 2026 | 22:22 PM BUSINESS Healthcare & Pharmaceuticals 1

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By Reuters

Australia's CSL (CSL.AX) on Tuesday posted a 2% fall in annual profit, ​dragged by declining revenue at its ‌core plasma division.

Its Behring division was hurt by pricing pressure in the U.S. market and the implementation ​of government cost-control policies in China.

Total ​revenue at CSL Behring, which develops medicines ⁠to treat bleeding disorders and immune ​deficiencies, among others, fell 1% to $11.4 billion.

Sales of ​immunoglobulin product were flat, while those of albumin dropped 17%.

The company recognised pre-tax impairments of $5.5 billion in the second half ​of full-year 2026, bringing its total ​pre-tax impairments to $7.1 billion in the fiscal.

It also incurred one-off ‌pre-tax ⁠restructuring costs of $799 million. That brought its net loss after tax to $2.6 billion, compared with a profit of $3 billion last year.

CSL ​declared a ​final dividend ⁠of $1.62 per share, unchanged from last year.

The company, among the world's ​top flu vaccine makers, reported underlying ​net ⁠profit after tax attributable of $3.14 billion on a constant currency basis for the ⁠year ​ended June 30, compared with $3.22 ​billion last year.

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