Feb 16 (Reuters) - Ansell Ltd (ANN) : HALF YEAR SALES ROSE 24.5...

Feb 16 (Reuters) - Ansell Ltd (ANN) :

• HALF YEAR SALES ROSE 24.5 PERCENT TO USD 937.8 MILLION
• EXPECT TO SEE STRONG DEMAND FOR PPE FOR NEXT TWELVE MONTHS
• EPS GUIDANCE FOR F'21 TO BE IN RANGE OF 160¢ TO 170¢
• OUTSOURCED SUPPLIER COSTS AND NBR RAW MATERIAL COSTS WILL INCREASE, WHICH CO LOOKS TO PASS ON TO CUSTOMERS
• F'21 NET INTEREST EXPENSE IS ANTICIPATED TO BE IN RANGE OF $19.5M-$20.5M
• DECIDED TO MOVE TO PROPORTIONAL DIVIDEND POLICY, TARGETING PAYOUT 40-50% OF PROFIT ATTRIBUTABLE TO ANSELL'S SHAREHOLDERS.
• EXPECT TO SEE ELEVATED DEMAND IN FY21 FOR MANY OF ITS OTHER PRODUCTS: CHEMICAL, SURGICAL, LIFE SCIENCE AND MECHANICAL

Source: bit.ly/3tZoRqR

(ANN)

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