Innovation and acquisition growth drives Ansell forward
ERJ staff report (TP)
Melbourne, Australia – Ansell Limited, a global leader in protection solutions, presented its half year results on 17 February.
Highlights of the event included reported sales of US$703.6m (€513.4m), a 9 percent increase, and new product sales up by 20 percent on the prior period. EBIT was US$82.7m (€60.3m), up by 20 percent.
Reported earnings per share were US$49.6 (€36.19) – a rise of 14 percent, or US$50.2 (€36.63), up 15 percent, excluding dilution from the December equity issue ahead of its BSSI (BarrierSafe Solutions International) acquisition.
Peter Barnes, Chairman, said: “Ansell continued to make sound progress in implementing its growth strategy in H1. The successful completion of the Midas and BarrierSafe acquisitions will strengthen our business on several fronts through the addition of new capabilities, technologies and market presence.
“It is also pleasing to see organic growth being reinvigorated as new products − based on our internal investments in developing new technologies, processes and innovation − gain traction in the marketplace.”
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Further details in the press release can be found at Ansell's website