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Ansell
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Ansell Limited is an Australian company which makes gloves and other personal protection equipment, primarily from latex and rubber. The products are designed for healthcare professionals, industrial workers, and end consumers.
Key Information
History
[edit]Early years
[edit]Ansell's history began in 1893 with the Dunlop Pneumatic Tyre Company of Australasia being listed on the Australian Stock Exchange.[1] Eric Norman Ansell, later to found Ansell, worked at the company as a mechanic then, in 1905, he left to set up his own business manufacturing condoms.[2]
Between 1905 and 1929, Eric Ansell dedicated himself to broadening his rubber manufacturing experience, producing new types of products such as balloons and household gloves.[2][3] Finally in 1929, his company was registered as E.N. Ansell & Sons Pty Ltd. In 1934, the company's name was changed to The Ansell Rubber Company Pty Ltd.[2] More than thirty years later, in 1965, Ansell introduced its first disposable surgical gloves under the Gammex brand. Innovative for their time, the gloves were sterilized using gamma radiation and then packaged so they were ready-to-wear.[3]
In 1906, Dunlop was renamed to Dunlop Rubber Company of Australasia. In 1929, it merged with the Perdriau Rubber Company, a manufacturer of general rubber products based in Sydney, forming Dunlop Perdriau. The new company focused primarily on the production of automobile tyres and later expanded into other rubber products. In 1967, the company changed its name to Dunlop Australia,[1] and in 1969 it acquired Ansell.[2]
Late 20th century
[edit]In 1980, Dunlop Australia merged with diversified industrial company BTR Nylex to form Dunlop Olympic. This merger aimed to expand the company's product range and market presence beyond rubber products to various industrial and consumer goods. In 1986, Dunlop Olympic changed its name to Pacific Dunlop Limited.[4]
Recent years
[edit]During the late 1980s and 1990s, Pacific Dunlop continued to expand and diversify its operations. In 1996, Pacific Dunlop announced a strategic initiative to focus on core businesses, and a divestment program to sell off non-core assets.[5] In 2001, Pacific Dunlop divested its healthcare safety division, which included Ansell. This divestment allowed Ansell to establish itself as a stand-alone company with global expertise in manufacturing and marketing gloves and protective equipment.[1] Since this point, Ansell has grown organically and through acquisition.
Acquisitions between 2000 and 2024 have been focussed on several industries:
- Protective gloves:
- Marigold Industrial (UK), known for industrial gloves.
- Hawkeye Glove Manufacturing, in the protective gloves market.
- VibraGuard, a manufacturer of gloves for vibration protection.
- Comasec, a European-based company specializing in protective gloves.[6]
- BarrierSafe Solutions International, a leading North American provider of disposable gloves.[7]
- Hands International, a Sri Lankan glove manufacturer.[8]
- Hercules Equipments Ltd., industrial safety gloves.[9]
- Nitritex, a UK-based supplier of cleanroom gloves.
- Primus Gloves, in the Indian market.
- Protective clothing:
- Medical protection:
- Sandel Medical Industries, medical safety products.[12]
In 2017, Ansell sold its sexual wellness business to Chinese companies Humanwell Healthcare and CITIC Capital in a move to divest non-core business and increase focus on safety and personal protection equipment (PPE) products and services.[13][14]
Sustainability
[edit]In July 2022, Ansell announced their ambition to be net zero in Scope 1 and 2 emissions by 2040.[15] They plan to achieve this by reducing dependency on fossil fuels and shifting to renewable energy sources; innovating around products and business models, while also improving circularity; and collaborating through value chain partnerships and policy advocacy. Since then, Ansell has been recognized by Morningstar Sustainalytics as an ESG industry top-rated company in 2023 and 2024, and their Kovai manufacturing facility in India achieved a platinum rating from the Indian Green Building Council (IGBC) for their Packing and Sterilization Facility in 2023.[16]
Responsible Glove Alliance (RGA)
[edit]The Responsible Glove Alliance (RGA) was launched in March 2022, of which Ansell was one of the seven founding members.[17] The RGA's initial focus is the Malaysian rubber glove manufacturing industry, as Malaysia is the world's largest producer of rubber gloves and the industry relies heavily on migrant labour.
Sustainability awards and ratings
[edit]Sectors
[edit]Today, Ansell serves a multitude of sectors with its range of personal protective equipment. The sectors include:
- Agriculture
- Automotive
- Chemical
- Diving
- Energy
- Food Processing
- Laboratory
- Life Sciences
- Machinery & Equipment
- Mining
- Warehousing & Logistics
References
[edit]- ^ a b c "Company History". fundinguniverse.com. Retrieved 4 June 2024.
- ^ a b c d "Eric Norman Ansell (1876–1952)". adb.anu.edu.au/. Retrieved 4 June 2024.
- ^ a b "Latex gloves". Archived from the original on 15 October 2009.
- ^ "Pacific Dunlop Limited". encyclopedia.com. Retrieved 12 July 2024.
- ^ "Ansell Ltd". www.encyclopedia.com/. Retrieved 4 June 2024.
- ^ "Ansell Completes Acquisition of Comasec SAS". prnewswire.com (Press release).
- ^ "Ansell acquires Barriersafe Solutions International for $ 615 m". ft.lk. Retrieved 4 June 2024.
- ^ "Ansell acquires glove manufacturer Hands International". ft.lk.
- ^ "Ansell buys Brazilian firm for $73.3m". www.smh.com.au. 18 December 2012. Retrieved 4 June 2024.
- ^ "Ansell acquires Trelleborg's Protective Products Business for €23.7m". cleanroomtechnology.com/. Retrieved 4 June 2024.
- ^ "Kimberly-Clark to Sell PPE Business to Ansell for $640 Million". www.wsj.com/. Retrieved 15 July 2024.
- ^ "Ansell Limited Acquires Sandel Medical Industries LLC". www.infectioncontroltoday.com. 5 July 2011. Retrieved 4 June 2024.
- ^ "Ansell sells condom division for $800m, launches share buyback". afr.com. 24 May 2017. Retrieved 4 June 2024.
- ^ "Ansell Limited: Overview". globaldata.com. Retrieved 4 June 2024.
- ^ "Ansell Announces Net Zero by 2040 (Scope 1 & 2) to Accelerate Climate Action". Ansell.com.
- ^ "Ansell Awarded Prestigious Platinum Ratings by the Indian Green Building Council for its Phase 1 Project – Packing & Sterilization Facility". Ansell.com.
- ^ "The Responsible Glove Alliance (RGA)". www.responsibleglove.org/.
- ^ "Sustainalytics' list of companies with the best ESG Risk Rating scores". www.sustainalytics.com/.
- ^ "ESG Leaders Recognized At 2024 SEAL Business Sustainability Awards". sealawards.com/. 6 May 2024.
- ^ "Asia-Pacific Climate Leaders 2024: interactive listing". www.ft.com/. 5 June 2024.
Ansell
View on GrokipediaAnsell Limited (ASX: ANN) is an Australian multinational corporation headquartered in Melbourne, specializing in the manufacture and distribution of personal protective equipment, including gloves and apparel for industrial, healthcare, and professional sectors.[1][2]
Originating from the Dunlop Pneumatic Tyre Company established in 1893, Ansell evolved through innovations in rubber processing to become a global leader in hand protection, employing over 14,000 people across more than 55 countries and serving 25 industries.[1][3][4]
The company achieved significant growth during the COVID-19 pandemic due to surging demand for disposable gloves, though it has encountered supply chain disruptions and operational expansions, such as facility closures in Mexico as part of transformation initiatives.[5][6]
Ansell has faced notable controversies, including U.S. import bans and lawsuits alleging forced labor and exploitation at Malaysian suppliers like Brightway Group, prompting the company to halt orders and implement labor rights audits, while recent reports highlight ongoing accusations of worker mistreatment in its supply chain.[7][8][9][10]
Overview
Company Profile
Ansell Limited is an Australian multinational corporation and integrated manufacturer specializing in personal protective equipment (PPE), with a core emphasis on hand and body protection solutions such as gloves and barriers designed to mitigate hazards including chemicals, biological agents, and mechanical risks.[1] The company develops products using advanced materials like natural rubber latex, synthetic nitrile, and polychloroprene neoprene to enhance barrier performance and user safety across healthcare and industrial applications.[1] Ansell's integrated approach encompasses design, production, and distribution, positioning it as a leader in safety innovation without reliance on external sourcing for key components.[1] Tracing its origins to the establishment of the Dunlop Pneumatic Tyre Company's Australian operations in 1893 for rubber manufacturing, Ansell transitioned into a dedicated PPE specialist through specialization in protective barriers.[3] Following corporate restructurings and divestitures by its parent Pacific Dunlop, the entity was rebranded as Ansell Limited in April 2002 to reflect its streamlined focus on protection solutions.[11] Headquartered in Richmond, Melbourne, Victoria, Australia, Ansell maintains global operations spanning more than 100 countries, serving customers in over 25 industries with annual sales exceeding 10 billion units of gloves.[12] This extensive reach supports daily protection for millions of workers, underpinned by manufacturing facilities and a workforce of approximately 15,000 employees worldwide.[2][12]
Market Position and Achievements
Ansell maintains leading global positions as No. 1 or No. 2 in key protective glove segments, including healthcare and industrial applications, with production exceeding 10 billion gloves annually and distribution to customers in over 100 countries.[12] The company delivers integrated personal protective equipment solutions across diverse sectors such as healthcare, manufacturing, automotive, food processing, life sciences, and public safety, addressing hazards like abrasion, chemicals, cuts, impacts, and electrical risks.[1][13] The COVID-19 pandemic triggered a substantial surge in demand for Ansell's PPE products, particularly disposable gloves, which reinforced its status as a premier supplier in the sector amid heightened global needs for infection control.[14] Post-pandemic, the company has sustained its competitive edge through targeted innovations, including the launch of the MICROFLEX Mega Texture gloves in February 2024, designed for enhanced dry grip—up to 50% stronger—in automotive and general industrial tasks requiring tear resistance and visibility.[15] With origins tracing to 1899, Ansell has achieved over 130 years of continuous operation as an integrated manufacturer of safety solutions, holding significant market share in industrial safety gloves (approximately 10.5%) and maintaining leadership in both healthcare and industrial PPE domains through a workforce exceeding 15,000 employees worldwide.[16][17][1]History
Founding and Early Development
The origins of Ansell trace to 1893, when John Boyd Dunlop established the Australian branch of the Dunlop Pneumatic Tyre Company in Melbourne to produce pneumatic bicycle tires from imported semi-assembled components.[11] [3] This facility marked the inception of organized rubber processing in Australia, initially centered on tire vulcanization and assembly to meet growing demand for cycling infrastructure.[11] In 1905, Eric Norman Ansell, a mechanic formerly employed at the Dunlop factory from 1903 to 1905, purchased discarded latex dipping machinery intended for condom production and founded the Ansell Rubber Company in Richmond, a suburb of Melbourne.[18] [1] The enterprise initially manufactured latex rubber balloons and condoms, capitalizing on the solvent-based dipping process adapted from tire production techniques to produce thin, flexible rubber goods.[11] Operations focused on latex compounding and molding in Melbourne's industrial precinct, establishing a foundation in specialized rubber fabrication distinct from Dunlop's tire emphasis.[1] By 1925, Ansell expanded into household rubber gloves, utilizing refined latex formulations to create durable protective items for domestic use.[11] The demands of World War I prompted initial forays into basic industrial rubber products, while World War II shortages and military needs accelerated glove output for medical and wartime applications, with production reaching an automated capacity of 300 dozen pairs daily by 1945.[11] Postwar innovations in 1946 further mechanized dipping and curing processes under Ansell's family leadership, enabling scaled national distribution as a key domestic supplier of essential rubber protective gear.[18] [11] This period solidified empirical advancements in latex handling, transitioning from niche consumer items to foundational safety equipment amid Australia's industrial maturation.[11]Mid-20th Century Expansion
In the post-World War II era, Ansell Rubber Company capitalized on wartime experience in latex products to drive production growth through automation. By 1945, it had developed an automated glove manufacturing process that produced 300 dozen pairs every eight hours, markedly improving efficiency in rubber processing and enabling scaled output for household and industrial gloves.[19] This innovation in dipping and curing techniques addressed post-war demand for durable, hygienic rubber goods, stemming from causal factors like raw material availability stabilization and rising consumer needs in Australia.[11] The 1960s saw Ansell pivot toward healthcare with advancements in latex dipping technology, yielding thinner, more resilient disposable surgical gloves introduced in 1964, which boosted profitability by meeting sterility and tactile sensitivity requirements in medical settings.[11] In 1965, the company launched GAMMEX gamma-sterilized disposable surgeon’s gloves, utilizing radiation for enhanced hygiene without compromising latex integrity, thus expanding its footprint in sterile protection amid growing surgical volumes.[1] These developments prioritized empirical improvements in glove thickness and barrier properties over prior manual methods, facilitating diversification from industrial to healthcare applications.[1] International expansion intensified in the late 1960s, with Ansell earning an export award in 1967 for penetrating North American and European markets via latex-based products like gloves and condoms.[11] Factory establishments followed, including its first offshore facility in Papua New Guinea in 1969, followed by production ramp-up in Malaysia during the 1970s to leverage lower costs and proximity to latex sources in Asia.[11] [20] That year, Dunlop Australia Ltd. acquired Ansell, integrating its specialized rubber operations into a broader conglomerate—later restructured as Pacific Dunlop—which amplified distribution channels and resource access for sustained mid-century growth.[11]Late 20th Century Restructuring
In 1986, Dunlop Olympic Limited rebranded as Pacific Dunlop Limited, marking a period of aggressive diversification that encompassed acquisitions such as Olympic Consolidated Industries for A$92.5 million, Bonds Industries, a 60% stake in GNB Batteries, Nucleus Ltd., Telectronics Holdings Ltd., and Petersville Sleigh Ltd. for A$374 million in 1991, expanding into apparel, batteries, electronics, and food processing alongside its legacy tire and rubber operations including Ansell.[11] This conglomerate strategy, driven by aspirations for regional dominance, initially boosted scale but exposed the firm to overextension amid economic volatility.[21] By the mid-1990s, Pacific Dunlop grappled with mounting financial pressures, including debt accumulation from acquisition debt and underperforming diversified units, culminating in a A$2.1 billion debt burden by 1999 and faltering profits attributable to the conglomerate's diluted focus and market saturation in non-core sectors.[22] In response, the company initiated rationalization efforts, achieving a profit increase to A$260.4 million in 1993 from A$185.6 million the prior year through initial cost controls and divestments, though sustained challenges necessitated broader asset sales.[21] Key disposals included the food division in 1995, RMax, Plastic Group, Dunlop Flow Technology, Olex Cables for A$300 million, and GNB Technologies to Exide for US$333 million between 1995 and 2000, pruning non-essential operations to alleviate debt and redirect resources.[11] Parallel to these corporate-wide measures, the Ansell division—centered on rubber-based personal protective equipment (PPE) like gloves—underwent operational shifts emphasizing cost efficiency, including expanded manufacturing in Asia proximate to natural rubber sources, with facilities in Malaysia operational since 1975 and further growth in the 1980s.[23] By 1991, Ansell had solidified as the world's largest producer of protective gloves, benefiting from early outsourcing trends that reduced logistics costs compared to Australian production.[11] This refocus on core competencies in industrial and healthcare PPE, insulated from the parent's broader consumer goods exposures, facilitated profit stabilization within the division and laid groundwork for subsequent specialization by shedding extraneous diversification.[11]21st Century Growth and Challenges
In April 2002, Pacific Dunlop Limited was renamed Ansell Limited, streamlining operations around its core personal protective equipment (PPE) segments after divesting non-essential assets like footwear and tires.[24] This refocus facilitated organic expansion and targeted acquisitions in gloves and protective apparel, aligning with rising global PPE demand fueled by stricter safety regulations, emerging market industrialization, and heightened health awareness.[25] [26] The COVID-19 pandemic triggered a surge in demand for Ansell's medical gloves from 2020 to 2022, exacerbating global shortages and driving exceptional sales growth despite supply chain disruptions.[14] Examination and single-use glove segments recorded 47.5% organic growth in the first half of fiscal 2021, contributing to a overall sales compound annual growth rate of 9.2% from fiscal 2019 to 2022.[27] [28] Post-pandemic normalization from 2023 to 2025 involved adapting to moderated demand through pricing strategies and operational enhancements for resilience.[12] Ansell achieved 7.7% organic constant currency sales growth in fiscal 2025, marking the first year unencumbered by COVID-19 effects, while advancing efficiency via supply chain optimizations.[29] In July 2024, the company acquired Kimberly-Clark's PPE assets for US$640 million, gaining Kimtech and KleenGuard brands with transition milestones into 2025 to bolster lab and cleanroom offerings.[30] [31] In October 2025, Ansell introduced AXIS experience centers as immersive facilities for showcasing safety innovations and customer collaboration, with the initial site operational and expansion planned for Portugal in 2026.[32]Products and Solutions
Healthcare Protection
Ansell's healthcare protection portfolio centers on single-use examination and surgical gloves designed for infection control, tactile sensitivity, and barrier integrity in clinical environments. Examination gloves, available in powder-free nitrile and latex formulations, provide robust defense against microorganisms, with nitrile variants offering allergy-friendly alternatives to natural rubber latex while maintaining durability against punctures and tears.[33][34] For instance, the Micro-Touch Nitrile gloves feature lightweight construction tested for resistance to chemotherapy drugs, ensuring safe handling in oncology settings.[35] Surgical gloves from Ansell, including sterile latex, neoprene, and polyisoprene options like the GAMMEX series, incorporate textured surfaces for enhanced grip in wet and dry conditions, alongside thinner profiles for improved dexterity during procedures.[36][37] These products meet stringent standards for microbial barrier protection, such as ASTM F1671 for viral penetration resistance in North America and equivalent ISO 16604 testing internationally.[38] Compliance with EN 455 series norms, updated in 2023 for single-use medical gloves, verifies requirements for freedom from holes, physical properties, and biological safety.[39] Additional certifications, including ASTM D6319 for nitrile exam gloves and NFPA 1999 for specialized variants, underscore efficacy in high-risk scenarios like emergency response.[40][41] Innovations in Ansell's lineup emphasize formulation advancements, such as neoprene-based surgical gloves with micro-texture for superior tactile feedback and reduced slippage, addressing surgeon feedback on precision needs.[42] Powder-free designs mitigate powder-related contamination risks, while extended cuff lengths in select exam gloves enhance forearm coverage against fluid exposure.[43] These gloves support single-use protocols in hospitals and labs, prioritizing empirical barrier performance over broader multi-hazard applications.[44]Industrial and Safety Gear
Ansell's industrial and safety gear includes gloves engineered for mechanical hazards, chemical exposure, and impact risks in sectors such as manufacturing, automotive assembly, and oil and gas operations. These products emphasize abrasion resistance, cut protection, and secure grip to mitigate workplace injuries, with designs balancing dexterity for prolonged use. Compliance with ANSI/ISEA 105 standards governs cut resistance levels (A1-A9), ensuring verifiable performance against slashing and punctures, while EN 388 ratings address abrasion, cut, tear, and puncture metrics.[45][46] Cut-resistant gloves incorporate advanced materials like high-performance polyethylene (HPPE), DuPont Kevlar yarns, Aramids, and stainless steel cores, blended into lightweight liners for applications involving sharp edges in metalworking and fabrication. Models such as HyFlex 11-542 combine these with foam nitrile coatings for heat and cut defense up to ANSI A4 levels. Chemical-resistant options, including AlphaTec 58-735, feature nitrile-polyisoprene barriers tested for permeation against acids, solvents, and hydrocarbons per EN 374 Type A, with integrated high-visibility liners to signal breaches.[47][48][49] In automotive and oil/gas environments, gloves like HyFlex 11-900 and 11-925 provide oil repellency via specialized coatings, maintaining grip on slick surfaces during maintenance and handling, with fine-gauge liners for precision tasks. Impact-resistant variants reinforce knuckles and backs with padded thermoplastic rubber, targeting heavy machinery and construction-adjacent industrial roles without sacrificing mobility. In February 2024, Ansell launched Mega Texture technology in Microflex disposable nitrile gloves (e.g., 93-256), featuring textured surfaces for improved wet and dry grip in light-to-moderate industrial handling, such as auto shops, alongside increased tear resistance from 5.1 mil thickness.[50][51][52][15]Specialized Applications
Ansell provides personal protective equipment tailored for niche sectors such as food processing, where gloves like the MICROFLEX Black Dragon series offer full texture for secure handling and compliance with FDA food contact regulations, reducing contamination risks in processing environments.[53] In cleanroom applications, products such as TouchNTuff 93-300 nitrile gloves are engineered for ISO 5 (Class 100) compatibility, delivering superior chemical splash resistance and low particulate generation to maintain sterility in pharmaceutical and semiconductor manufacturing.[54] [55] For electronics handling, Ansell's ESD-certified gloves, including HyFlex 11-819 and EDGE 48-140 series, incorporate static dissipative materials meeting EN 16350 and EN 1149 standards, preventing electrostatic discharge that could damage sensitive microelectronics components during assembly or testing.[56] [57] MICROFLEX 94-242 disposable gloves further extend this protection with inherent static dissipation properties, minimizing spontaneous ignition hazards in volatile settings.[58] These solutions demonstrate empirical efficacy through compliance testing, with low-lint designs ensuring product integrity in particle-sensitive operations.[59] Custom adaptations extend to automotive assembly, where Ansell supplies gloves addressing precise hazards like chemical exposure and mechanical risks without compromising dexterity, supporting over 25 industries including this sector as part of its broader portfolio.[12] Emerging prototypes integrate sensor technologies for real-time hazard detection, as explored in collaborations utilizing sensor tags and data connectivity to enhance worker safety in dynamic environments.[60] Such innovations prioritize causal risk mitigation, validated through simulated performance evaluations rather than unverified claims.[61]Business Operations
Global Manufacturing and Supply Chain
Ansell operates around 15 manufacturing facilities globally, with a primary focus on Asia to capitalize on cost efficiencies and proximity to raw material sources. Key production sites include multiple plants in Malaysia (such as Melaka, Kedah, and Nitritex), Sri Lanka, and Vietnam, supplemented by facilities in Europe (Portugal and Lithuania) and a $80 million greenfield glove manufacturing plant in Tamil Nadu, India, which commenced full shipments in 2022.[62][63][64] The company's supply chain relies heavily on Asian sourcing for natural latex and nitrile, with vertical integration in Malaysia enabling control over key inputs amid regional dominance in rubber production.[65] Third-party manufacturers are utilized to supplement internal capacity, allowing scalable production of gloves and protective gear while distributing logistical demands across a network of over 20 warehouses worldwide.[66][4] Efficiency improvements have driven investments in automation across facilities, reducing manufacturing headcount by approximately 1,330 positions—or nearly 10% of the global workforce—in fiscal year 2024 as part of an accelerated productivity program.[67] This shift addresses labor-intensive processes in glove dipping and assembly, enabling higher output per worker despite ongoing outsourcing to low-cost Asian hubs. Raw material procurement faces persistent volatility, with latex and nitrile prices surging up to 30% since the early 2020s due to supply disruptions and demand spikes.[68] Geopolitical tensions and regional dependencies in Southeast Asia exacerbate logistics risks, including potential disruptions from trade policies or export restrictions on rubber, prompting Ansell to diversify sourcing while maintaining Asian-centric operations for cost competitiveness.[69][65]Financial Performance
For the fiscal year ended June 30, 2025 (FY25), Ansell reported sales of US$2,003.3 million, reflecting 7.7% organic constant currency growth amid post-COVID demand normalization in healthcare and steady industrial volumes.[29] EBIT reached US$282.1 million, up 10.4% organically, with margins expanding to 14.1% from improved manufacturing utilization, pricing adjustments to offset tariffs, and US$47 million in savings from the Ansell Productivity Improvement Program (APIP), which incorporated automation investments.[29] Net profit attributable to shareholders increased 33% to US$101.6 million, driven by these margin drivers despite lingering FX headwinds.[29] Adjusted earnings per share rose to US126.1¢.[29] Profitability benefited from pricing power, as mid-year increases and reduced air freight costs countered US tariff impacts, with further actions planned for FY26 to maintain offsets.[29] APIP and synergies from the KBU acquisition (upgraded to US$15 million by FY27) enhanced efficiency, enabling margin gains beyond industry normalization post-pandemic destocking.[29] Ansell declared a total dividend of US50.20¢ per share for FY25 (40% payout ratio), including a final unfranked dividend of US28.00¢, up 30.7% from FY24's US38.40¢, payable in September 2025.[70] As of October 24, 2025, Ansell's market capitalization stood at approximately A$4.84 billion (US$3.15 billion), with revenue per share around US$13.73 based on 145.9 million ordinary shares outstanding.[71] [70] Relative to peers in personal protective equipment, Ansell's 7.7% organic sales growth and 200 basis point margin expansion demonstrated resilience, trading at a price-to-earnings ratio of 31x versus the industry average of 48x.[72]| Key FY25 Metrics | Value (US$M unless noted) | YoY Change |
|---|---|---|
| Sales | 2,003.3 | +23.7% reported; +7.7% organic |
| EBIT | 282.1 | +44.3% reported; +10.4% organic |
| EBIT Margin | 14.1% | +200 bps |
| Net Profit | 101.6 | +33% |
| Adjusted EPS | 126.1¢ | +20% |
