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CSL — CSL News Story

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Australia's CSL rises after Jefferies sees plasma yield upside

BUZZ-Australia's CSL rises after Jefferies sees plasma yield upside

** Shares of Australia's CSL CSL.AX rise as much as 1.62% to A$184.4

** Jefferies says the biotechnology giant remains rated "hold", after its US plasma platform shift may lift efficiency but risks collection disruption

** Brokerage says CSL will replace Terumo systems with Haemonetics equipment across about 330 US centres by the end of 2027

** Jefferies notes channel checks suggest the new platform can deliver up to a 15% improvement in plasma collection yield

** Adds a single newer platform is aligned with CSL's cost-per-litre and gross margin goals, though benefits are likely to emerge gradually

** Jefferies says "the key risks are collection disruption during the changeover" and is watching for any disclosure of costs, savings and impairment

** Stock for the week up 5.1% and putting the stock on track for its best week in a month


(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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