Full Year Results 

Halma's regulatory-driven rise

Halma's regulatory-driven rise

Halma (HLMA) passed £1bn in annual revenues on the back of a tightening regulatory backdrop, particularly in its fast-growing Asia Pacific markets. The group is committed to expanding its competencies through a decentralised acquisition strategy targeting niche businesses within its process safety, infrastructure safety, medical and environmental & analysis markets. Five acquisitions were completed (across three sectors) during FY2018, the largest of which, Mini-Cam, a water pipeline inspection business, was struck in October 2017 for an initial consideration of £64.9m. But even without their contribution, the group achieved a 10 per cent organic profit growth rate, at constant currencies.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now