Ansell's FY net profit triples to $662.4m

Protective gloves maker Ansell's full-year net profit has more than tripled to $US484.3 million ($662.4 million), bolstered by a US$345 million gain on the sale of its condoms business.

Underlying profit after tax from continuing operations rose 16 per cent to $US138.8 million for the year ended June 30, from $US119.5 million a year earlier, while total sales fell 0.8 per cent to $US1.55 billion due to the sale of its Sexual Wellness business to a Chinese consortium last year.

The group will pay a final dividend of 25 US cents a share, up from 23.75 US cents a year earlier, and has flagged , and flagged a mixed outlook for the new financial year.