• Sales up 29.9% to $1,019.7m, with Organic Constant Currency growth of 12.5%
• EBIT up 62.9% to $127.4m, with Organic Constant Currency growth of 20.9%
• Adjusted EPS up 35.5% to 55.7 cents

Ansell Limited has released its financial results for the first half of fiscal year 2025, reporting strong growth across key metrics. Group sales increased by 29.9% to $1,019.7 million, with Organic Constant Currency growth of 12.5%. This was driven by a 16.3% Organic Constant Currency increase in Healthcare sales and an 8.1% Organic Constant Currency increase in Industrial sales. EBIT grew by 62.9% to $127.4 million, with Organic Constant Currency growth of 20.9%, reflecting higher sales, improved manufacturing utilization, and increased productivity savings. Adjusted Earnings Per Share (EPS) increased by 35.5% to 55.7 cents. The acquisition of Kimberly-Clark's Personal Protective Equipment business (KBU) for $635.1 million, completed on 1 July 2024, has contributed to the improved performance, with KBU sales of $140.9 million and EBIT of $34.8 million in the first half. The company's Accelerated Productivity Investment Program (APIP) also delivered $22 million in pre-tax savings during the period, contributing to a cumulative saving of $43 million over the last twelve months. Ansell maintains a strong balance sheet, with net debt of $556.8 million at 31 December 2024, and $488.6 million of undrawn debt facilities.

Ansell is targeting FY27 annualized net pre-tax cost synergies of $10 million from the KBU acquisition, with small initial cost synergy realization expected in FY25 H2.