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Ansell earnings hurt by strong US dollar




Half of Ansell's revenues are in US dollars, with the rest made up of Australian dollars, British pounds and euros - all of which have lost ground to the greenback.

Half of Ansell’s revenues are in US dollars, with the rest made up of Australian dollars, British pounds and euros – all of which have lost ground to the greenback.

The stronger US dollar is hurting earnings at protective gloves and condom maker Ansell.

Half of Ansell’s revenues are in US dollars, with the rest made up of Australian dollars, British pounds and euros – all of which have lost ground to the greenback.

Chairman Glenn Barnes says the lift in the US dollar has put downward pressure on sales revenues and increased costs.

 

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