By Stuart Condie

SYDNEY--Ansell shares jumped to their highest level in more than eight months after the personal protective-equipment maker said its U.S. price rises were on track to offset the impact of the Trump administration's tariffs.

Australia-listed Ansell on Wednesday said that it was on course to push through what it called a phased plan of price increases. It raised its annual earnings guidance and said it would raise prices further if tariffs were increased.

"There remains speculation on the potential for further changes to U.S. tariff policy," Chief Executive Neil Salmon said. "We will seek to respond to any further changes with the same goal of offsetting higher tariff."

About an hour into Wednesday's session, the stock was up 6.6% at 36.53 Australian dollars, equivalent to around US$24.06. It hasn't traded above that level since Feb. 17.

Salmon told Ansell's annual general meeting that end-market demand over the three months through September was in line with expectations.

A weaker-than-anticipated performance by the U.S. dollar against key revenue currencies also supported its upgraded outlook, the company said.

Ansell expects adjusted earnings per share for the 12 months through June of between US$1.37 and US$1.49. In August, it had flagged adjusted EPS of between US$1.33 and US$1.45.

Write to Stuart Condie at stuart.condie@wsj.com

(END) Dow Jones Newswires

October 28, 2025 20:13 ET (00:13 GMT)

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