Ansell, an Australian based condom and glove manufacturer, announced that it won a contract to provide the NYC Department of Health lubricants and 20 million condoms. Global awareness of safe sex boosts demand for Ansell's condoms. It's most popular brand in the United States is Lifestyles.
Ansell lowered FY 2009 EPS estimates from 70-74 cents per share to 65-70 cents. The company said that could not avoid the global economic slowdown. Sales in its occupational division slowed down. This business segment sells to automotive and technology manufacturers that are susceptible to fluctuations in economic conditions.