BUZZ-Australia's Ansell hits nearly 3-1/2-year high on forecast hike, earnings beat

Reuters
02-10
BUZZ-Australia's Ansell hits nearly 3-1/2-year high on forecast hike, earnings beat

** Shares of glove maker Ansell ANN.AX rise 6.7% to A$37.26, their highest level since September 8, 2021

** Co says its now expects FY25 adjusted EPS between $1.18 and $1.28, from previous range of $1.10 and $1.27, and ahead of $1.055 last year

** That beats Visible Alpha consensus estimate of $1.16

** Co logs 1H25 sales of $1.02 billion, up 12.5% y/y

** That beats Visible Alpha consensus of $913 million

** ANN among top gainers in the ASX200 benchmark index .AXJO

** ANN up 10.6% this year, including day's moves

($1 = 1.5990 Australian dollars)

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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