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.

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