Halma PLC
30 October 2003
HALMA p.l.c.
TRADING UPDATE
Halma, the leading safety and environmental technology group, issued a trading
update today, 30 October 2003. Halma issues trading updates each October and
April, ahead of its interim and full year announcements. Halma's interim
results for the six months to 4 October 2003 will be announced on 9 December
2003.
Halma's performance in the first half of the year has been in line with the
Board's expectations.
The Fire & Gas business has performed well. Several new product ranges have
been introduced which are already contributing to sales although, as expected,
launch costs will have some impact in the first half.
Elsewhere in the Group, the Resistors and Optics & Specialist sectors have
continued to face difficult markets. BEA has performed well and lived up to the
Group's expectations. The Elevators business has achieved organic growth in
addition to the contribution from BEA.
Halma's own actions to manage its assets and accelerate new product development
are beginning to deliver organic growth and have ensured that the Group
continues to generate high returns, despite there being no discernible
improvement in market conditions.
For further information, please contact:
Stephen O'Shea, Chief Executive +44 (0)1494 721111
Kevin Thompson, Group 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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