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Ansell Announces Full Year Results for the Period Ending 30 June 2021

24 Aug 2021  |  07:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Ansell Limited ASX Announcement FY21 Full Year Results

Ansell announced full year results for the period ending 30 June 2021. It reported sales of $2,027m; 25.6% growth and 22.5% Organic Growth. The Company noted operating Cash Flow generation of $49.2m, temporarily weaker, reflecting increased investment in working capital to support sales growth and higher capital expenditure to expand capacity while achieving ROCE of 19.8%. The EBIT is of $338m, up 56.0% YoY and 51.4% on a Constant Currency growth (CC) basis. EBIT margin improved by 330bps to 16.7%.

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