Ansell: Improved margins drive EBIT growth

Company News

by Jessica Amir

Ansell Limited (ASX:ANN) has announced its sales fell to US$775.8 million for the first half of the 2017 financial year.

The manufacturer of gloves and condoms says its sales fell 1.1% while its operating cash flow also fell 6% both from the prior corresponding period, amid a 'mixed global environment'.

Despite the sales slide, its EBIT rose by 5.3% and earnings per share advanced 3.9%.

The company dividend also firmed higher to US20.25  cents
 

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