A key supplier of gloves and safety equipment to the construction and other industries as well as sexual wellness products in Australia has lifted profit as improving industrial conditions in the US and Europe offset a slowdown in industrial demand in Australia, Russia and Turkey and the company’s medical and healthcare unit delivered its strongest result in six years.

In its latest announcement, Melbourne based Ansell Ltd said its first half profit attributable to shareholders rose 15 percent from $US57.1 million to $US65.6 million. Driving the result was the company’s gloves division, whereby earnings before interest and tax rose from $US 17.2 million to $22.2 million the group’s medical…