Ansell Ltd. reported double-digit earnings growth for fiscal 2026, with adjusted earnings per share rising 18.5% to US148.6 cents, as margins expanded and cash flow more than doubled. The Melbourne-based manufacturer of safety gloves and protective equipment also increased its full-year dividend by 35.7% to US68.1 cents per share and lifted its FY27 adjusted EPS guidance to a range of US158 to US170 cents.
The company’s adjusted EBIT margin expanded by 90 basis points to 15.0%, while gross profit after distribution expense rose to 35.5% of sales. Operating cash flow surged 151% to $270.1 million, with cash conversion reaching 113%, up from 91% in FY25. Net debt declined to $510.6 million, improving the net debt to adjusted EBITDA ratio to 1.3x from 1.6x.
Sales growth accelerated in the second half of FY26, with adjusted sales rising 9.2% to $2.14 billion for the full year, up from 5.7% in the first half. The healthcare segment led performance, with adjusted sales up 8.0% to $1.19 billion and adjusted EBIT increasing 20.3% to $170.7 million. The industrial segment reported sales of $947.3 million, up 5.4%, with adjusted EBIT growing 9.7% to $170.6 million.
Ansell’s top five brands—HyFlex, MICROFLEX, AlphaTec, TouchNTuff, and KIMTECH—accounted for 58% of total sales and grew 1.2 times faster than the company average, with gross margins 220 basis points above the corporate mean. The company’s U.S. market, which represents 43% of total sales, expanded at nearly twice the company’s average rate.
Capital allocation included a $118.4 million share buyback from an existing $200 million program, while the Accelerated Productivity Investment Program delivered $50 million in recurring pre-tax savings. Ansell also received $12 million in tariff refunds following a February Supreme Court ruling and highlighted its Amazon partnership, which reduced hand impact injuries by 65% across deployed sites in 2024–2025.
Sustainability metrics improved, with a 32% reduction in total recordable injury frequency rate and a 36% cut in Scope 1 and 2 emissions versus the FY20 base year. The company sourced 58% of its energy from renewables and achieved over 99% recyclable, reusable, or compostable packaging.
For FY27, Ansell guided capital expenditures to $45–$55 million, with an estimated $9 million foreign exchange benefit versus FY25. Shares rose 14.56% to $39.98 following the results presentation.
