Halma PLC
26 April 2007
Halma p.l.c.
TRADING UPDATE
The Board of Halma, the leading safety, health and sensor technology business,
expects full year pre-tax profits* to be in line with current market
expectations.
The strategic changes completed over the past two years and higher investment in
sales resources, innovation and people development are underpinning our ability
to sustain organic growth. Good cash flow has ensured that the Group ended the
year with modest gearing after funding organic and acquisitive growth
activities.
The pattern of sectoral trading performance reported at the Interim stage has
continued with all three business sectors achieving good organic growth after
absorbing the expected adverse impact of currency movement in the second half.
Notably, Infrastructure Sensors, the Group's largest sector, maintained the
strong organic revenue and profit growth momentum that was re-established this
year, following last year's increased investment.
Organic growth remains Halma's top priority. Our strategy to make value adding
acquisitions in closely targeted sectors is also progressing well.
Tritech, the sub-sea safety monitoring business acquired in November 2006, has
traded well and is proving to be a strong addition to our Industrial Safety
sector. Labsphere, acquired in February 2007, is also meeting expectations and
adding further strength to our fast growing Photonics business within the Health
and Analysis sector.
Halma's preliminary results for the year to 31 March 2007 will be released on 19
June 2007.
(* - before amortisation of acquired intangibles)
For further information, please contact:
Halma p.l.c. Tel: +44 (0)1494 721111
Andrew Williams, Group Chief Executive
Kevin Thompson, Group Finance Director
Hogarth Partnership Limited Tel: +44 (0)20 7357 9477
Rachel Hirst/Andrew Jaques
Notes:
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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