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Ansell Flags Drop in FY24 Earnings as It Cuts Production, Staff -- Update

Por: MarketWatch Business July 17, 2023

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Ansell on Tuesday said that it expects to report statutory earnings-per-share for fiscal 2024 of between US$0.57 and US$0.77. It expects to report statutory EPS of between US$1.17 and US$1.18 for fiscal 2023. The Australia-listed company plans to slow production of finished goods to normalize inventory holdings, which it said will improve fiscal 2024 cash flow but hit earnings. It will invest between 40 million Australian dollars (US$27.3... + full article



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