Ansell: Interim result 2018

A strong year of sales was offset by rising raw material prices, but there was other good news.

Recommendation
Ansell: Interim result 2018
View company profile for ANN

Date 13 Feb 2018
Current Price $25.57

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Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
Low-Medium
Share Price Risk
Medium

Investors want just three things of any financial result: clean, simple, and positive. Instead, what Ansell shareholders got was a Picasso-like mish-mash of good and bad news.

To start on the wrong foot, the result was messy and complicated: currency movements, restructuring charges, the sale of the Sexual Wellness division, a new US tax regime, and a litany of other one-off adjustments.

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