HALMA PLC
28 October 1999
HALMA p.l.c.
TRADING UPDATE
Halma p.l.c. issued a trading update today, 28 October 1999, in accordance
with the Company's established policy of issuing such documents in April and
in October each year.
During the half year to 2 October 1999, the Group acquired three businesses,
Veccer, E-Motive and OSECO, with a further business, T. L. Jones, being
acquired during October. All were purchased for cash with an aggregate
expenditure of £15 million and each acquisition strengthens the Group in one
of its selected growth areas.
In the Annual Report and Accounts to March 1999, it was announced that a
number of small businesses within the Group would be discontinued. During the
half year all of these have been closed or sold on terms comfortably within
the estimates set out in the Annual Report.
As previously indicated, it is anticipated that sales and profits in the half
year will exceed those reported for the equivalent period last year.
Contact for further information: Mr Stephen R O'Shea
Chief Executive, Halma p.l.c.
Tel: 01494 721111
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