Why CSL (ASX:CSL) Is Down 17.0% After Board Changes and Lowered Revenue Growth Guidance
CSL Limited announced board changes, with Dr. Megan Clark and Ms. Marie McDonald retiring and Mr. Costa Saroukis and Mr. Gordon Naylor joining as new Directors. This transition coincides with a lowered revenue growth guidance for FY26, now projected at 2% to 3%, down from 4% to 5%. The changes introduce uncertainty around execution risks, particularly with ongoing restructuring and the Seqirus demerger. Despite these challenges, CSL anticipates $18.1 billion in revenue and $4.2 billion in earnings by 2028, suggesting a potential fair value of A$280.61, indicating a 60% upside from current prices.
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