Ansell (ASX:ANN): FY26 Sales, Cash Flow and Protective Equipment Operations

Aditi Sarkar

02 November 2026 06:13 PM AEDT

Ansell (ASX:ANN): FY26 Sales, Cash Flow and Protective Equipment Operations

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Highlights

Ansell Limited (ASX:ANN) closed at AUD 44.715 on 2 November 2026.
For the year ended 30 June 2026, Ansell Limited (ASX:ANN) reported sales of USD 2.1402 billion, an increase of 6.8% YoY.
Ansell Limited (ASX:ANN) reported FY26 Operating Cash Flow of USD 270.1 million, compared with USD 105.4 million a year earlier, using the company’s defined operating cash-flow measure.
Cash flow, execution and business-specific risks remain key monitoring points.

Ansell Limited (ASX:ANN) manufactures and markets protective equipment for healthcare and industrial workplaces, including gloves, protective clothing and specialised cleanroom products. Its shares closed at AUD 44.715 on 2 November 2026. The company’s August FY26 results documented higher sales, Earnings and operating cash flow, alongside continuing actions to manage tariff-related costs and simplify its Supply chain.

Industrial and Healthcare Protective Products

Ansell Limited (ASX:ANN) reports two main operating segments: Industrial and Healthcare. Industrial sells mechanical and chemical hand-protection products and protective clothing to industrial workplaces. Healthcare includes surgical, examination and single-use gloves, together with specialist cleanroom supplies. Ansell’s global Manufacturing and distribution activities make product mix, sourcing costs, customer Demand and foreign currency movements relevant to its operating performance. Its products are used in different end markets, which can produce different growth and Margin patterns.

FY26 Results and Segment Trends

For the year ended 30 June 2026, Ansell Limited (ASX:ANN) reported sales of USD 2.1402 billion, an increase of 6.8% YoY. Adjusted EBIT rose 14.1% to USD 321.9 million, and adjusted net profit after tax rose 15.8% to USD 212.3 million. Industrial segment sales were USD 947.3 million, while Healthcare sales were USD 1.1929 billion. The company noted that higher-margin products and productivity initiatives contributed to its adjusted earnings result, with adjusted EBIT margin rising to 15.0% from 14.1%.

Operating Cash Flow, Shareholder Returns and Costs

Ansell Limited (ASX:ANN) reported FY26 operating cash flow of USD 270.1 million, compared with USD 105.4 million a year earlier, using the company’s defined operating cash-flow measure. It completed USD 118.4 million of on-market share repurchases during the year and declared a final unfranked dividend of USD 0.415 per share, bringing full-year dividends to USD 0.681. Net Debt to adjusted EBITDA was 1.3 times at year-end. These figures show cash generation and Capital distributions, but they do not eliminate exposure to future cost pressures.

Tariffs, Strategy and Outlook

In August 2026, Ansell Limited (ASX:ANN) described sourcing and pricing actions to offset higher US tariffs and other cost inflation. It also continued its productivity Investment program and planned ERP implementation steps in FY27. Its guidance for FY27 adjusted Earnings Per Share was USD 1.58–1.70, compared with USD 1.486 in FY26; this is forward guidance, not realised earnings. Monitoring points include whether pricing offsets input-cost changes, how new systems affect implementation costs and whether the product mix supports margins.

Ansell defines adjusted earnings separately from statutory earnings, and both measures appear in its results. The company reported statutory net profit after tax of USD 208.6 million for FY26. Adjustments and one-off items explain why that amount is not identical to adjusted profit.

The year-end cash measure reflects management's definition, including specified investing, leasing, interest and tax cash movements. Cash conversion should therefore be considered alongside the underlying cash-flow statement, particularly when comparing different companies' financial reporting definitions.

Key Insights

Ansell Limited (ASX:ANN) reported higher FY26 sales, adjusted earnings and operating cash flow, with differences between Healthcare and Industrial activities. Its operating outlook depends on execution of productivity initiatives and responses to tariffs, materials costs and customer demand. Subsequent results will show whether improvements in cash conversion and margins persist.

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