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AAP
AAP
Business
Marion Rae

CSL to bandage cost pressures to stem bleeding profits

CSL's revenue growth was forecast at 9.0 per cent to 11 per cent over FY23. (James Ross/AAP PHOTOS)

Vaccines and plasma company CSL faces ongoing cost pressures that have hit profits and market value but the underlying performance remains strong, the biomedical leader says.

CEO Paul McKenzie, facing shareholders at his first AGM as CEO of Australia's third-largest company, said CSL had had to navigate a difficult macroeconomic environment.

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