Reliability and innovation underpin Ansell's expansion into new products and markets.
Narrow-moat Ansell delivered full-year results in line with expectations after adjusting for the divestment of its sexual wellness business. Net profit after tax of USD 146.7 million on group revenue of USD 1,489 million, up around 23% and 8%, respectively, year on year and on a continuing business basis, tracked our forecast of USD 150 million and USD 1,483 million. A full-year dividend of USD 0.455 was declared. We maintain our long-term forecasts and raise our fair value estimate by 4% to AUD...Ansell, along with its subsidiaries, is engaged in the development, manufacturing and sourcing, distribution and sale of gloves and protective personal equipment in the industrial and medical gloves market, as well as the sexual wellness category worldwide. Co. operates in four main business segments: Medical, which manufactures and markets surgical and examination gloves together with a range of healthcare safety devices; Industrial, which manufactures and markets hand and body protection solutions; Single Use, which provides single use industrial application gloves; and Sexual Wellness, which manufactures, sells and markets a range of branded condoms, lubricants, devices and fragrances.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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