August 17, 2009 / 1:20 AM / 10 years ago

CORRECTED - CORRECTED-Australia's Ansell posts 18 pct rise in net profit

(Corrects earnings per share in fourth paragraph to 66.3 U.S. cents, not 89.2 cents).

MELBOURNE, Aug 17 (Reuters) - Ansell Ltd (ANN.AX), the world’s top rubber gloves maker, reported an 18 percent rise in annual net profit, with growth slowed by a downturn in U.S. manufacturers’ demand for gloves.

The company also gave an earnings forecast range of 56 U.S. cents to 62 U.S. cents per share for financial year 2010, which matched the top end of analysts forecasts.

Net profit rose to A$121.4 million ($100.7 million) for the year to June from A$102.6 million a year earlier, beating analysts’ forecasts around A$110.6 million, according to estimates tracker IBES.

Earnings per share in U.S. dollar terms were flat at 66.3 cents per share, in line with the group’s forecast of 65-70 cents a share. (Reporting by Sonali Paul and Saeed Azhar; Editing by Jonathan Standing)

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