ANN 1.03% $40.44 ansell limited

starts year well; reiterates guidance

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    Sydney - Friday - November 7: (RWE Australian Business News) -
    Ansell Ltd (ASX:ANN) had started the 2009 year well, chairman Mr Peter
    Barnes told the annual meeting in Melbourne this afternoon.
    "During the 2008 financial year inflation pressures increased as
    evidenced by the costs of latex, oil and oil derivatives, natural gas in
    Asia and labour worldwide.
    "Ansell, however, benefits from its diverse global business, its
    broad business portfolio and broad customer base," he said.
    "In the context of the broader global environment, the 2009 year
    has started well - trading results are in line with our expectations and
    the US dollar-denominated guidance range that has been previously
    provided of 70c to 74c for the coming year is confirmed, while
    acknowledging that Ansell will need to continually monitor the volatile
    global economic environment," Mr Barnes said.
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