Ansell's Positives Balanced by Uncertainty of Leadership Changes -- Market Talk

Dow Jones
01/30

0105 GMT - There are reasons to be positive about rubber products maker Ansell ahead of its 1H result, signals UBS. Outgoing CEO Neil Salmon is leaving the business in a strong position, having led efforts to boost productivity, analyst David Low says. Ansell completed the purchase of Kimberly-Clark's personal protective equipment business during his tenure. Price increases to offset U.S. tariffs have been effective, and another round is coming, UBS says. Still, the bank retains a hold call on Ansell. "Despite these positives, the recent changes in both the CEO and CFO roles introduce an element of uncertainty," UBS says. "We look forward to gaining greater clarity on the new leadership team's strategic priorities and long-term vision for the business." Ansell is down 0.3% at A$33.28. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

January 29, 2026 20:05 ET (01:05 GMT)

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