Ansell's Sales Volumes at Risk From Softer Economic Growth -- Market Talk

Dow Jones
04-14

0059 GMT - Ansell's sales volumes could be at risk from lower demand amid slower economic growth, Morgan Stanley analyst David L. Bailey writes in a note. While the personal-protective equipment maker has said it will offset the impact of tariffs through higher pricing, Bailey no longer expects revenue to grow at Ansell's industrial business in fiscal 2026 or fiscal 2027. He forecasts a 1% decline in industrial revenue in both years, having previously expected 4% growth in each. The healthcare unit is less exposed, but Bailey trims his overall EPS forecasts for fiscal 2026 and 2027 by 9% and 11%, respectively. MS cuts its target price 10% to A$33.40 and stays equal-weight on the stock. Shares are down 0.9% at A$29.435. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

April 13, 2025 20:59 ET (00:59 GMT)

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