News: ANN Ansell FY Profit Attributable $246.7 Million

Aug 24 (Reuters) - Ansell Ltd (ANN) :

• FY SALES ROSE 25.6 PERCENT TO USD 2.027 BILLION
• FY PROFIT ATTRIBUTABLE $246.7 MILLION, UP 57.5% YOY
• FINAL DIVIDEND OF US43.6 CENTS PER SHARE
• COVID-19 WILL CONTINUE TO FEATURE THROUGHOUT FY22 BUT IMPACTS WILL DEPEND ON VACCINATION RATES AND VIRUS MUTATIONS
• EXPECTS CONTINUED DEMAND FOR MECHANICAL, SURGICAL, LIFE SCIENCES AND INTERNALLY MANUFACTURED SINGLE USE GLOVES
• PRODUCT PRICING EXPECTED TO FEATURE THROUGHOUT FY22, POSITIVELY AND NEGATIVELY
• ANTICIPATED THAT NET INTEREST EXPENSE WILL BE IN RANGE OF $20.0M-$21.0M IN FY22
• INCREASED COVID-19 CASES IN SE ASIA MAY DISRUPT SUPPLY AS NUMBER OF FACTORIES AND SUPPLIERS HAD SHORT-TERM CLOSURES OR REDUCED OPERATIONS
• SHORT TERM CLOSURES/REDUCED OPERATIONS IN SE ASIA MAY IMPACT SALES DURING FY22 H1
• SEES INCREASED FREIGHT COSTS AND SHIPPING DELAYS TO PERSIST THROUGHOUT FY22
• FY22 EPS EXPECTED TO BE IN RANGE OF 175 US CENTS TO 195 US CENTS

ANN)

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