Halma PLC
24 April 2003
HALMA p.l.c.
TRADING UPDATE
Halma, the leading safety and environmental technology group, issued a trading
update today, 24 April 2003. Halma typically issues trading updates each April
and October, two months ahead of its full year and interim announcements.
Halma's preliminary results for the year to 29 March 2003 will be announced on
17 June 2003.
Sales in the second half of the year followed their traditional pattern of
exceeding first half levels. Sales trends remained broadly similar to those
experienced in the first six months, although the Water business was affected by
a number of UK water utilities deferring their capital expenditure. The impact
of this was mitigated by the contribution from BEA, which Halma acquired in
October 2002. BEA has started to share technologies with other Group companies,
it has performed well and in line with Halma's expectations.
The outcome for the 2002/03 financial year is expected to be within the range of
current market expectations. Halma remains strongly cash generative and the
powerful positions it has established in its chosen markets, coupled with its
success in introducing new technologies, continue to provide protection against
the prevailing economic conditions.
For further information, please contact:
Stephen O'Shea, Chief Executive +44 (0)1494 721111
Kevin Thompson, Finance Director +44 (0)1494 721111
Hogarth Partnership Limited
Rachel Hirst/Andrew Jaques +44 (0)20 7357 9477
A copy of this announcement, together with other information about Halma, may be
viewed on its website: www.halma.com
This information is provided by RNS
The company news service from the London Stock Exchange
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