Tag: ANN

Shares in protective products group Ansell fell more than 9% after it warned that its earnings could fall, because of cost uncertainties and the impact of tariffs on US imports.

It was another six months of small gains for Ansell, the protective gloves and clothing group and the odd bigger step.

Gloves and protective clothing maker Ansell’s full-year net profit has dropped 7.2% to $US147.7 million ($A186.8 million), for the year to June 30 as the company prepares for life without its long held sexual wellness business.

Shares in protective products group, Ansell jumped to two year highs yesterday after it finally sold its condom business and launched a big share buyback, a deal that has been five months or more in the making.

Gloves and protective clothing maker Ansell (ANN) edged its interim dividend up by just a quarter of a cent for the December half after reporting a flat first-half net profit.

Ansell (ANN) shares bounced sharply higher yesterday, jumping more than 17%, despite reporting as 15.1% slide in full-year profit to $US159.1 million ($A207.8 million).

A hesitant relief rally in Ansell (ANN) shares yesterday after the company followed up the earnings and guidance downgrade of late last week, with a set of interim figures that contained no new surprises.

Ansell (ANN) shares will cop a pounding when trading resumes this morning after produced a surprise earnings downgrade at 6pm yesterday, well after the close of trading which saw the local market sold off heavily in a 2% plus or $34 billion crunch.

Gloom and more gloom at the annual meeting of protective goods group, Ansell (ANN) yesterday with news of a weak start to the 2015-16 financial year, confirmation of weak to lower earnings for the year to June 2016, and the first strike from shareholders on the company’s pay policies.

Glove and condom maker Ansell (ANN) surprised yesterday with a share buyback of up to $US100 million, an announcement that came three weeks after the company released solid 2015-16 financial year results.

Ansell (ANN) shares took a real whacking yesterday after it stunned the market with what was in effect a sharp downgrade of 2015-16 earnings and revenue growth.

Productive products producer Ansell (ANN) has revealed its third major acquisition in three years with plans to buy Microgard, a UK-based protective clothing manufacturer, for 59 million pounds (A$113 million).

Protective equipment maker Ansell (ANN) is looking for new buys after reporting that its half-year net profit rose by just over a third to $US87.7 million ($A113 million) for the half year to December 31.

On the face of yesterday’s 2013-14 profit figures, Ansell (ANN) is another company paying the price for a takeover which has cost the company a big writedown as it goes about revamping the entire business.

Another company lifting dividend yesterday was Ansell (ANN), the condom and glove maker, which reported a 14.9% lift in earnings for the six months to December.

Ansell (ANN) has returned to the acquisition trail, this time with a $US600 million plus deal to buy a major glove and protective wear rival in the US. It is the second purchase by Ansell in the past two months.

Predictably there were a few jokes in reports and the market about a deal with a "midas touch" after protective clothing and condom maker Ansell (ANN) revealed yesterday it was buying a key supplier, South Korean glove maker and textile group Midas.

Shares in gloves and condoms maker, Ansell (ANN) rose 4.8% to $12.05 after the company reported strong sales for first-half results and upgraded full-year guidance for fiscal year 2008.

Ansell (ANS), a healthcare barrier protection business, reconfirmed its earnings per share are in line with its guidance at its annual general meeting today and indicated strong first quarter results.