December 21, 2017 / 1:25 AM / 6 months ago

BRIEF-Ansell Updates on Effect Of Lower U.S. Tax Rate On Profit

Dec 21 (Reuters) - Ansell Ltd:

* ANTICIPATES LOWER U.S. TAX RATE TO CREATE ESTIMATED BENEFIT TO PROFIT AFTER TAX BY FY’19 OF AROUND US$3 MILLION TO US$5 MILLION PER ANNUM

* RESTATING PREVIOUSLY RECORDED NET DEFERRED TAX BALANCES ESTIMATED TO PROVIDE ONE‐OFF TAX EXPENSE BENEFIT IN $18 MILLION TO $22 MILLION RANGE IN FY18 Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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