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Article: AUST CONDOM MAKER ANSELL "CANNOT AVOID" SLOWDOWN'S IMPACT.
- Article from:
- AsiaPulse News
- Article date:
- February 11, 2009
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MELBOURNE, Feb 11 Asia Pulse - Gloves and condom maker Ansell Ltd (ASX:ANN) has downgraded its full year earnings per share (EPS) guidance for 2008/09, saying it cannot avoid the impact of the global economic downturn.
Ansell on Wednesday reported a first half net profit of A$72.2 million (US$47.24 million), up 27 per cent on the prior corresponding half.
The half year result in US dollars, which is Ansell's operating currency, was US$54.1 million, up nine per cent.
"Though the first half had strong profit growth ... the company cannot avoid the impact of this global downturn," Ansell said.
Current projections showed that Ansell's ...