Ansell reported FY18 earnings with 5% revenue growth and 15% increase in NPAT. This represented the mid point of guidance.
FY19 looks a little more challenging, as the outlook is likely to disappoint on higher raw material cost growth.
You're not a member! Trial today
We will watch for the next Algo Buy signal, as it is likely the market will over react and a discounted entry opportunity will soon present.
ANN goes ex-div $0.25 on the 24th August.
