Ansell reports lower profits, sales in six months
ERJ staff report (DS)
Melbourne, Australia -- Glove and condom maker, Ansell International has said sales recovered in the six months to December 2009. The copany also revised upwards its profit guidance for th efull year.
The company reported lower sales of Aus$611.6m (euro 401 million) compared with Aus$689.9 million a year ago.
Profit (EBIT) also declined to Aus$74.4 million from Aus$79.8 million a year ago.
Ansell's CEO, Doug Tough said, referring to the figures in US dollars, that, “Sales for the half were much stronger than expected, equalling F'09 H1 and eclipsing F'09 H2. Professional had an exceptional half as higher surgical sales coupled with significantly lower input costs took EBIT and EBIT to Sales to very satisfactory levels."
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Press release from Ansell
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