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Ansell Limited Reports Downturn in 2024 Profits

Ansell Limited Reports Downturn in 2024 Profits

Ansell (AU:ANN) has released an update.

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Ansell Limited has reported a decline in revenue by 2.2% to $1,619.3 million and a significant drop in operating profit after tax by 48.4% to $76.5 million for the fiscal year ended June 30, 2024. Shareholders are to receive a dividend of 21.90 US cents per share, with the payment scheduled for September 12, 2024. Meanwhile, the company’s net tangible asset backing per ordinary share increased to $5.76 from the previous year’s $4.27.

For further insights into AU:ANN stock, check out TipRanks’ Stock Analysis page.

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