Sydney - Friday - November 7: (RWE Australian Business News) - Ansell Ltd (ASX:ANN) had started the 2009 year well, chairman Mr Peter Barnes told the annual meeting in Melbourne this afternoon. "During the 2008 financial year inflation pressures increased as evidenced by the costs of latex, oil and oil derivatives, natural gas in Asia and labour worldwide. "Ansell, however, benefits from its diverse global business, its broad business portfolio and broad customer base," he said. "In the context of the broader global environment, the 2009 year has started well - trading results are in line with our expectations and the US dollar-denominated guidance range that has been previously provided of 70c to 74c for the coming year is confirmed, while acknowledging that Ansell will need to continually monitor the volatile global economic environment," Mr Barnes said.
ANN Price at posting:
$12.66 Sentiment: LT Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)