Halma PLC
25 April 2002
Halma p.l.c. ('Halma')
TRADING UPDATE
Halma, the leading safety and environmental technology Group, issued a trading
update today, 25 April 2002. Halma 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 30 March 2002 will be announced on 18 June
2002.
Halma's businesses in the UK, Europe and the Far East have remained stable,
demonstrating their continued resilience to current economic conditions.
However, the Group experienced weaker conditions in the US market in the second
half of the year. This has had some impact on the performance of the Resistors
and Elevator Electronics businesses, for whom the US represents a major customer
segment. As a consequence, results for the current financial year are expected
to be marginally below last year's level.
Despite some short-term weakness in market conditions, Halma remains firmly on
track to deliver enhanced value to shareholders by building on its leading
positions in specialised markets, successfully managing its asset base to
generate strong cash flows and maintaining a high return on capital employed to
maximise self-funded organic growth.
A copy of this announcement, together with other information about Halma, may be
viewed on its web site www.halma.com.
For further information, please contact:
Stephen R O'Shea, Chief Executive Halma p.l.c.
Kevin J Thompson, Finance Director +44 (0)1494 721111
Rachel Hirst/Andrew Jaques Hogarth Partnership Limited
+44 (0)20 7357 9477
This information is provided by RNS
The company news service from the London Stock Exchange
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