Halma plc Reports Steady Growth and Strategic Acquisitions
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Halma plc Reports Steady Growth and Strategic Acquisitions

Halma plc (GB:HLMA) has released an update.

Halma plc, a global conglomerate of life-saving technology companies, has reported further progress in the first half of the financial year with strong organic growth and expects an unchanged full-year guidance with an Adjusted EBIT margin of around 21%. The company has successfully completed four acquisitions in its Safety sector, investing a total of approximately £85m, which is expected to fuel medium to long-term growth despite the negative currency translation effects of a stronger Sterling. Halma is scheduled to release its half-year results on November 21, 2024.

For further insights into GB:HLMA stock, check out TipRanks’ Stock Analysis page.

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