BUZZ-Australia's Ansell hits near 3-yr high on revising FY25 EPS guidance

Reuters
2024-10-29

** Shares of Ansell rise as much as 4.7% to A$32.900, hitting their highest level since Jan 25, 2022

** Stock set for strongest trading session since late August

** Medical equipments supplier revises FY25 adj EPS outlook range to 110-127 US cents from 107-127 US cents

** However, co says higher inflation costs of key raw materials and higher freight costs to have greater impact in H2 FY25

** Stock up 24.8% YTD, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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