Ansell grooming for wellness

Condom brand made by AnsellAUSTRALIAN glove and condom firm Ansell’s first-half profit increased by 1.1% or US$64.9 million in the six months to 31 December, slightly higher compared to the previous corresponding period.

In the wake of a sluggish revenue at US$597.7 million, down by 3.9% from US$621.8 million, Ansell is batting for recovery, observing that a recouping US economy and strong Asian markets may offset the gloom in the European economy.

With the company’s implementation of its enterprise resource plan (ERP), recovery is expected during the
second half through fiscal 2013. Moreover, it is optimistic with the turnout of its sexual wellness business. (PRA)