Ansell Reports 23.7% Revenue Growth and $282M EBIT in FY25
Ansell Limited reported robust FY25 results, driven by strong organic growth and the successful integration of Kimberly-Clark’s PPE business. The company also advanced its sustainability commitments and navigated tariff challenges with strategic pricing and sourcing.
- Reported revenue of US$2.003 billion, up 23.7% reported, 7.7% organic constant currency
- EBIT increased 44.3% reported, 10.4% organic constant currency to US$282.1 million
- Successful acquisition and integration of Kimberly-Clark’s PPE business (KBU)
- Adjusted EPS of 126.1 US cents, near top of guidance range
- Sustainability progress includes 16% injury rate reduction and net-zero emissions target by FY45
Strong Financial Momentum
Ansell Limited has delivered a compelling financial performance for the year ended 30 June 2025, reporting revenue of US$2.003 billion. This represents a 23.7% increase on a reported basis and a solid 7.7% growth on an organic constant currency basis, underscoring the company’s resilience and growth trajectory in the personal protective equipment sector.
Operating profit before interest and tax (EBIT) rose sharply by 44.3% reported and 10.4% organic constant currency to US$282.1 million. This growth was supported by higher sales volumes, improved manufacturing productivity, and cost savings from the Accelerated Productivity Investment Program (APIP).
KBU Acquisition Integration Exceeds Expectations
Central to Ansell’s FY25 success was the acquisition and integration of Kimberly-Clark’s Personal Protective Equipment business (KBU), completed on 1 July 2024 for US$635.1 million. The acquisition expanded Ansell’s footprint in scientific and industrial markets, bringing well-known brands like Kimtech™ and KleenGuard™ into its portfolio.
The integration process was completed ahead of schedule, with KBU contributing US$274.2 million in sales and US$75.3 million in EBIT during the year. The company has upgraded its synergy targets, now aiming for US$15 million in annual pre-tax cost synergies by FY27, up from US$10 million previously.
Sustainability and Safety Advances
Ansell continues to embed sustainability into its operations and product innovation. The company achieved a 16% reduction in its Total Recordable Injury Frequency Rate (TRIFR), reflecting a strengthened safety culture. Renewable energy usage in manufacturing plants reached 50%, with nine out of fourteen plants operating on 100% renewable electricity.
Importantly, Ansell’s net-zero greenhouse gas emissions target by FY45, covering Scope 1, 2, and relevant Scope 3 emissions, has been officially approved by the Science Based Targets initiative (SBTi). This commitment aligns with the company’s broader 2040 Sustainability Action Plan and growing customer demand for low-carbon solutions.
Navigating Tariffs and Market Challenges
The global trade environment remains uncertain, with new tariffs imposed on imports into the United States. Ansell has responded proactively by implementing price increases to fully offset tariff impacts and reducing sourcing exposure to higher-tariff regions such as China. The company’s diversified manufacturing footprint and flexible supply chain are key advantages in managing these risks.
Looking ahead, Ansell expects continued sales growth in FY26, supported by volume increases, pricing actions, and enhanced productivity. The company also anticipates a step-up in KBU synergies and remains focused on completing its ERP system unification as part of the APIP program.
Leadership and Governance
The Board welcomed Randy Stone as a new independent Non-Executive Director, bringing extensive international experience relevant to Ansell’s markets. Meanwhile, Morten Falkenberg retired after contributing significantly to the company’s governance. The leadership team, led by CEO Neil Salmon and CFO Brian Montgomery, has been instrumental in delivering the company’s strategic objectives.
Ansell declared a final dividend of US28.00 cents per share, reflecting confidence in its financial strength and future prospects. The company’s commitment to innovation, sustainability, and operational excellence positions it well for long-term shareholder value creation.
Bottom Line?
Ansell’s FY25 achievements set a strong foundation, but tariff uncertainties and integration execution will be key to watch in FY26.
Questions in the middle?
- How will Ansell manage potential volatility from evolving US trade policies and tariffs?
- What are the risks and timelines associated with the full rollout of the unified ERP system?
- How will the company balance growth ambitions with its ambitious sustainability targets?