The latest announcement is out from Halma plc ( (GB:HLMA) ).
Halma plc has reported good progress in the second half of its financial year, expecting its 22nd consecutive year of record Adjusted profit. The company anticipates an Adjusted EBIT margin slightly above 21% for the full year, supported by strong organic revenue growth and a favorable product mix. Despite a negative currency translation effect due to the appreciation of Sterling, Halma maintains a robust acquisition pipeline and strong cash generation, enabling continued investment. Additionally, Carole Cran will succeed Steve Gunning as CFO on April 1, 2025.
More about Halma plc
Halma is a global group of life-saving technology companies focused on creating a safer, cleaner, and healthier future. It operates in three broad market areas: Safety, Environment, and Health, addressing urbanization, climate change, and healthcare demands. Halma employs over 8,000 people across more than 20 countries and is listed on the London Stock Exchange as part of the FTSE 100 index.
YTD Price Performance: -1.82%
Average Trading Volume: 742,731
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £9.79B
Learn more about HLMA stock on TipRanks’ Stock Analysis page.