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Ansell profit falls 21pc to $US69.6m in 'challenging' economic climate

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Ansell chief executive Magnus Nicolin says that global economic conditions are the most volatile he has ever seen in his 25 years of management experience.

On Monday, the glove and condom maker reported a 21.6 per cent dive in first-half net profit to $US69.6 million ($98.4 million) as sluggish industrial activity weighed on sales.

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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
Jared Lynch is based in Melbourne, covering food, factories and farms, as well as other company news. Connect with Jared on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/ansell-profit-falls-21pc-to-us696m-in-challenging-economic-climate-20160208-gmo06b