CSL meets FY21 but guidance disappoints
FY21 Result: A solid FY21 result for CSL booking a ~3% beat at the profit line, a record dividend to boot however guidance of NPAT for FY222 of 2.15bn-2.25bn was below the $2.32bn the market had already penciled in. CSL down have a history of under promising and over delivering, however the outlook should put a cap on the stocks from here.