Ansell will cut ties with coronavirus profiteers
Key Points
- Revenue ($USm) 1613.7, up 7.7%
- Pre-tax profit ($USm) 202.3, up 40.8%
- Net profit ($USm) 158.7, up 42.1%
- Final dividend (USc) 28.25, up 8.7%
- Date dividend payable Sep 17
Protective suit maker Ansell says it will eventually cut ties with price-gouging manufacturers of vital chemicals in Malaysia after they rammed through aggressive price rises which took advantage of demand during the COVID-19 pandemic.
Magnus Nicolin said some manufacturers of acrylonitrile and butadiene, both crucial chemicals used to make single-use gloves in the global glove-making centre of Malaysia, had doubled prices at short notice.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Healthcare & fitness
Fetching latest articles