Ansell shares jumped after it announced a strong increase in profit for the 2025 financial year (FY25) and forecast more growth in the current year, but indicated the impact of higher United States tariffs was unclear.
The global protective products manufacturer said net profit after tax jumped 32.8% to US$101.6 million (A$156.5 million) on revenue, which increased 23.7% to $2.003 billion in the 12 months to 30 June 2025.
Directors declared an unfranked final dividend of US 28.00 cents per share to be paid on 18 September to shareholders registered on 1 September, compared with 21.9 cents in the previous corresponding period (pcp), bringing the full year payment to 50.2 cents, up from 38.4 cents in the pcp.
At the time of writing, Ansell (ASX: ANN) shares had risen $3.21 (10.26%) to $34.51, capitalising the company at $5.04 billion.
“We delivered strong top and bottom-line growth in FY25 in challenging trading conditions, particularly in industrial end markets,” Managing Director and CEO Neil Salmon said in an ASX announcement.
He said this was enabled by growth and productivity investments.
Investments in innovation and manufacturing capacity supported product success that accelerated sales growth in the Industrial segment, and results from the Kimberley-Clark Business Unit (KBU) acquisition were ahead of expectations.
The company forecast adjusted earnings per share (EPS) of $1.33 to $1.45 in FY26, up from $1.26 in FY25, which in turn was in the upper half of the guidance range due to strong sales and margin growth in the Industrial and Healthcare segments.
“We enter the new financial year with good momentum, and despite the broader market outlook remaining uncertain I am confident that the strong progress made throughout FY25 will translate to continued growth in FY26,” Salmon said.
He said Ansell lifted prices in June in response to the announcement of reciprocal tariffs in the United States in the second half, and it was increasing them again due to changes to rates announced in July.
“While the economic effects of higher tariffs remain unclear, we believe we are well positioned to adapt to this new environment due to the essential nature of our products, the significant value they provide to our customers, and our diversified and flexible manufacturing and sourcing network,” Salmon said.
Founded in 1905 in Australia as a rubber company, Ansell has evolved into a major player in the protective products industry, expanding into gloves for industrial, medical, and consumer use, and sells products in more than 100 countries.
