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Home Industry News Ansell reports strong results for 2012 business year

Ansell reports strong results for 2012 business year

14th August 2012

Ansell has reported its financial results for the 2012 business year, during which it experienced an improved operational performance.

The company's sales for the 12 months ending on June 30th 2012 came to AU$1.22 billion (815.67 million pounds), which was even with last year's figure, while earnings and profit levels all increased.

During the 12 months, the expansion of Ansell's global business was able to drive growth despite the slowdown of the European market and the costs associated with the recent implementation of the Fusion enterprise resource planning software.

The firm was also able to agree a deal to acquire protective glove manufacturer Comasec earlier this month, thus acquiring strong brands such as Marigold and Marigold Industrial, while further extending its international reach.

As a result of these encouraging trends, Ansell has been able to announce another increased final dividend for 2012.

Peter Barnes, Ansell's chairman, said: "Ansell's global footprint, including its growing presence in emerging markets, proved highly resilient in a very difficult environment."ADNFCR-8000103-ID-801428780-ADNFCR

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