Medical gloves boost Ansell’s first-half profits

ERJ staff report (DS)

Richmond, Australia — Ansell Ltd has reported solid profit growth for the six months ended December 2008 on increased sales. Peter Barnes, chairman said “The first half results were good given the stalling global economy. However, the second half outlook, with lower Occupational sales and actions taken to reduce excess Occupational inventories, requires a more cautious view.”

The company reported sales of A$337.8 million (euro 170 million) for the six month period, up from A$ 297.3 recorded a year earlier. Earnings before tax…

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