Halma reporting group3/20/2024 We achieved our highest ever revenue from continuing operations at £354. There was a notable currency headwind through the yearĪnd without that organic revenue and profit growth would have been 2.3% and 2.5% higher Operations, excluding the disposals made in the prior year, was 14% higher and was also a record.Īdjusting for the extra profit which came with acquisitions gives organic growth* of 8.1% in Profit before tax andĪmortisation of acquired intangibles at £66.1 million (2006: £58.1 million) on our continuing (2006: £310.8 million), an increase of 14% over the prior year. See below for more detail on currency impacts. On a statutory basis and up 14% on our adjusted* basis. We have made a minor reclassification within our A year of good further progress.Īs noted above there were disposals last year but none this year and so the comparativeįigures are for continuing operations only. The strong performance of Infrastructure Sensors, our largest sector, was Infrastructure Sensors and Industrial Safety sectors both grew revenue and profit by more Sector figures, moving our Asset monitoring business into the Industrial Safety sector andĭetails of the change are given in note 1. Return on sales* for each sector remained firmly in Revenue by 9% and 7% in terms of profit*, above our target of 5% growth and following on from Underpinned by the higher investment made last year. Sector performances are discussed further below. There was widespread geographic growth in revenue. In the US our Health and Analysis and Industrial Safety businesses showed solid growth The following table gives revenue fromĬontinuing operations by destination. Middle East, Infrastructure Sensors performed very well, as it did in Mainland Europe, with With Infrastructure Sensors not yet making as strong progress. The majority of the European increase coming organically. The UK assisted by the addition of the Tritech business. Was more modest although sales to China grew by 26% from a low base. Resources into this region to capture the opportunity there. Group over many years, but significantly this has once again been coupled with good organic These high returns have been a feature of the The strong cash flow which comes from them.Īn important part of our strategy is the delivery of excellent returns and In the year we again achieved very good organic growth and at the same time maintained A continued trend of strong margins and returns Resumption of strong growth The US/UK/Mainland Europe grew by a further 20% as we expand our geographic coverage. Halma believes its strategy, talent, culture and business model, together with sustained investment in organic growth and active portfolio management, position the group to continue to deliver superior and sustainable shareholder value.Showing the high value we generate from our tangible asset base. These markets have resilient, long-term growth drivers, and high levels of defensibility. Its strategy is to focus on acquiring and growing businesses in niche markets with global reach, within its chosen market areas of Safety, Health and the Environment. Named Britain's Most Admired Company by Management Today in January 2021, Halma provides innovative solutions to many of the key problems facing the world today. Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Stay informed on news and events from Halma. He graduated from St Catharine’s College, Cambridge in the late ‘80s with a degree in English. Halma announced its Half Year Results 2023/24 on 16 November. Before moving to investor relations, he was a corporate broker in the City, advising a wide range of companies on their interactions with the equity markets. He joined Halma in 2018, having previously worked for over 20 years in a number of other investor relations roles in companies including Worldpay, Tate & Lyle, Cadbury Schweppes and Lloyds Banking Group. Together with the Head of Sustainability, he is also responsible for the Group’s reporting on its sustainability and ESG initiatives. Halma plc Halma (LON:HLMA) Webinar on Wednesday 31st March at 12pmįor all private investors to find out more about Halma plc.Ĭharles King, Director of Investor Relations will provide an introduction to Halma Plc and update on corporate performance following the trading statement which will be issued on 24th March.Ĭharles King is Head of Investor Relations at Halma plc, leading the Group’s communications with investors and analysts.
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