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Ansell beat expectations with strong sales and rising shares despite U.S. tariffs, labor issues, and a security probe.
Ansell, the global PPE company, reports strong sales growth and rising shares despite U.S. tariffs on Asian imports, labor concerns in Malaysia, and a national security probe.
The company, which earns nearly half its $2 billion revenue from the U.S., raised prices and reduced Chinese sourcing to offset tariffs up to 30%, while rejecting U.S. production as impractical.
It denies national security risks in its products and says it reimbursed recruitment fees to over 20,000 workers after being misled by a Malaysian supplier linked to labor abuses, which represented less than 0.1% of its supplier spend.
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Ansell superó las expectativas con fuertes ventas y acciones en alza a pesar de los aranceles estadounidenses, problemas laborales y una investigación de seguridad.