Ansell Limited (ASX:ANN) Announces US Tariffs Update
Impact of US Tariffs
Ansell Limited (ASX:ANN) reported that new US tariffs on imports will affect approximately 43% of its revenue. The company’s products are primarily sourced from Malaysia, Sri Lanka, Thailand, Vietnam, and China, with no single country supplying more than 30% of US imports.
Ansell’s Response
Ansell plans to fully offset the tariff increases through pricing adjustments and has engaged in discussions with customers within the past 24 hours. The company highlighted that most of its manufacturing is based in Asian countries now subject to US tariffs and noted the negligible manufacturing capacity for comparable PPE products in the US. Ansell maintains flexibility through its 14 manufacturing plants in 9 countries and an extensive partner network.
Financial Guidance
The company expects the timing of tariff increases and pricing adjustments to align, allowing it to maintain its FY25 Adjusted EPS guidance range of US118¢ to US128¢.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Ansell. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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