Halma PLC
26 October 2006
Halma p.l.c.
HALF YEAR TRADING UPDATE
Halma's trading performance for the first six months of the year is expected to
be at the top end of the Board's expectations and we are continuing to achieve
healthy organic growth. The Board remains positive about the Group's prospects
for the full year.
All three sectors will report increased revenues and profit for the first half
year.
Infrastructure Sensors is now delivering organic profit growth from the revenue
growth momentum which started to emerge in the second half of last year. In
particular, our Automatic Door Sensor business, BEA, is performing well.
Health and Analysis is making solid progress with our Photonics business
continuing to grow strongly.
Industrial Safety is growing organically across all business areas, each of
which has benefited from the buoyant energy markets.
Acquisition activity continues. In September 2006, Halma acquired assets
associated with sample handling and conditioning equipment for industrial
emissions monitoring and process control applications from Baldwin Environmental
Inc. for an initial consideration of $1.1m. This acquisition brings additional
fluid sample drying technology and products to one of our existing Fluid
Technology businesses, Perma Pure, based in New Jersey, USA. Up to a further
$700,000 is payable dependent upon net revenue growth for the period to March
2009.
The Group's Interim Results will be released on 5 December 2006.
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
Halma, the leading safety, health and sensor technology business issues Trading
Updates each October and April, ahead of its Interim and Full Year
announcements.
This information is provided by RNS
The company news service from the London Stock Exchange
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