2346 GMT - RBC Capital Markets analyst Craig Wong-Pan thinks CSL's stock may dip today after the company announced its annual earnings and a sweeping restructuring, which includes spinning off its flu-vaccine unit Seqirus. Wong-Pan says CSL's main blood-products unit Behring missed on revenue and gross profit, that FY 2026 guidance was lower than expected, and the planned restructuring creates somewhat of a messy result. In its stock-market release, CSL painted a rosier picture, saying underlying FY 2025 profit rose 14% at constant currency and that the result was on target. As of Monday's close, CSL's stock had retreated some 3.6% so far this year. (mike.cherney@wsj.com)
(END) Dow Jones Newswires
August 18, 2025 19:46 ET (23:46 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.