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Ansell is one beneficiary of the current crisis. Turned production around to supply Chinese market rather than export; and authorities fast track a restart.

But despite the jump in demand for the ASX-listed manufacturer's equipment, Mr Nicolin said overall the coronavirus would have a mixed impact on the company and "a minimal net impact" on its annual results.
This was because the virus was affecting other companies being hit by reduced Chinese consumer activity, such as German car makers, which ultimately affected demand for the products they use in manufacturing, including Ansell products.

Ansell reported a first half profit on Tuesday of $US65.8 million ($98 million), up 3.5 per cent on the prior corresponding period, but below consensus forecasts of $US71.95 million. Total revenue rose 3.9 per cent to $US753.3 million.

It lifted its interim dividend, which is unfranked, 4.8 per cent to US21.75 cents per share. It will be paid on March 12.

http://www.smh.com.au/business/ansell-flags-mixed-impact-from-coronavirus-lifts-dividend-20200217-p541qp.html?btis

<blockquote data-quote="Dona Ferentes" data-source="post: 1057220" data-attributes="member: 66457">Ansell is one beneficiary of the current crisis. Turned production around to supply Chinese market rather than export; and authorities fast track a restart.But despite the jump in demand for the ASX-listed manufacturer&#039;s equipment, Mr Nicolin said overall the coronavirus would have a mixed impact on the company and &quot;a minimal net impact&quot; on its annual results.This was because the virus was affecting other companies being hit by reduced Chinese consumer activity, such as German car makers, which ultimately affected demand for the products they use in manufacturing, including Ansell products.Ansell reported a first half profit on Tuesday of $US65.8 million ($98 million), up 3.5 per cent on the prior corresponding period, but below consensus forecasts of $US71.95 million. Total revenue rose 3.9 per cent to $US753.3 million.It lifted its interim dividend, which is unfranked, 4.8 per cent to US21.75 cents per share. It will be paid on March 12.<a href="http://www.smh.com.au/business/ansell-flags-mixed-impact-from-coronavirus-lifts-dividend-20200217-p541qp.html?btis" target="_blank">http://www.smh.com.au/business/ansell-flags-mixed-impact-from-coronavirus-lifts-dividend-20200217-p541qp.html?btis</a></blockquote>

[QUOTE="Dona Ferentes, post: 1057220, member: 66457"] Ansell is one beneficiary of the current crisis. Turned production around to supply Chinese market rather than export; and authorities fast track a restart. But despite the jump in demand for the ASX-listed manufacturer's equipment, Mr Nicolin said overall the coronavirus would have a mixed impact on the company and "a minimal net impact" on its annual results. This was because the virus was affecting other companies being hit by reduced Chinese consumer activity, such as German car makers, which ultimately affected demand for the products they use in manufacturing, including Ansell products. Ansell reported a first half profit on Tuesday of $US65.8 million ($98 million), up 3.5 per cent on the prior corresponding period, but below consensus forecasts of $US71.95 million. Total revenue rose 3.9 per cent to $US753.3 million. It lifted its interim dividend, which is unfranked, 4.8 per cent to US21.75 cents per share. It will be paid on March 12. [URL]http://www.smh.com.au/business/ansell-flags-mixed-impact-from-coronavirus-lifts-dividend-20200217-p541qp.html?btis[/URL] [/QUOTE]

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