Advertisement
UK markets close in 3 hours 11 minutes

  • FTSE 100

    8,300.74
    +87.25 (+1.06%)
     

  • FTSE 250

    20,393.47
    +228.93 (+1.14%)
     

  • AIM

    777.60
    +6.07 (+0.79%)
     

  • GBP/EUR

    1.1651
    -0.0008 (-0.07%)
     

  • GBP/USD

    1.2551
    -0.0013 (-0.10%)
     

  • Bitcoin GBP

    50,758.67
    -348.18 (-0.68%)
     

  • CMC Crypto 200

    1,316.39
    -48.73 (-3.57%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CRUDE OIL

    78.30
    -0.18 (-0.23%)
     

  • GOLD FUTURES

    2,319.40
    -11.80 (-0.51%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,288.14
    +112.93 (+0.62%)
     

  • CAC 40

    8,019.06
    +22.42 (+0.28%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Australia's Ansell warns of currency headwinds, shares slump

Reuters - UK Focus

SYDNEY, Aug 10 (Reuters) - Australian condom and rubber glove maker Ansell Ltd (Other OTC: ANSLF - news) said underlying full-year profit grew 20 percent but warned that adverse foreign exchange rates will hit its bottom line in the year ahead, sending its shares sharply lower.

The Melbourne-based firm which reports in U.S. dollars said net profit came in at $187.5 million for the year to June 30, up from an underlying profit of $157 million the previous year.

Looking ahead, it warned of "significant uncertainty" about economic conditions due to potential foreign exchange volatility. It said it expected earnings per share of between $1.05 and $1.20 in the 2015-16 financial year, down from $1.22 in 2014-15.

Ansell shares fell 17 percent in early trading and were on track for their biggest one-day fall since 1987. The broader market was down 0.3 percent. (Reporting by Byron Kaye; Editing by Stephen Coates)