Ansell (ASX:ANN) plans to offset the Trump administration's new tariffs by raising its prices, according to a Friday filing with the Australian bourse.
The company, which makes surgical gloves and gowns, generates roughly 43% of its revenue in the US. It has factories and third-party suppliers in Malaysia, Sri Lanka, Thailand, Vietnam, and China, which are all subject to the new US tariff policy announced on Thursday.
Ansell claims no country supplies more than 30% of its imports into the US, with its largest exposures being to Malaysia and Sri Lanka, per the filing.
Ansell maintained its guidance range for fiscal 2025 adjusted earnings at $1.18 to $1.28 per share.
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