Halma PLC

HLMA

Equity

ISIN GB0004052071 / Valor 387465

LSE London Stock Exchange, SETS (2024-11-21)

GBP 26.45+5.72%

Halma PLC
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About company

Halma PLC is a diversified global group specializing in developing and delivering technology solutions aimed at enhancing safety, health, and environmental protection. The company operates through various subsidiaries, each focusing on specific niches within its broad mission. Alicat Scientific, one of its subsidiaries, is known for its high-precision flow and pressure devices that find applications in medical, scientific, and industrial settings. Another subsidiary, Fortress Interlocks, is recognized for its safety equipment designed to safeguard workers in hazardous environments. Additionally, Halma ventures into the healthcare technology sector through Perigen, which offers artificial intelligence-based early warning systems to improve outcomes for mothers and babies during childbirth. These examples illustrate Halma's commitment to leveraging technology across diverse sectors to promote safety, health, and well-being on a global scale.

Summarized from source with an LLMView SourceSector: Technology

Record Revenue

Halma PLC reported record revenue for the full year ending 31 March 2024, surpassing £2 billion for the first time. This represents a 10% increase from the previous year, highlighting the company's robust growth trajectory.

Adjusted EBIT Milestone

For the first time, Halma PLC's Adjusted Earnings before Interest and Taxation (EBIT) exceeded £400 million, marking a 12% increase from the previous year. This milestone underscores the company's strong operational performance.

Profit Before Taxation

Halma PLC achieved a record Adjusted Profit before Taxation for the 21st consecutive year, with a 10% increase to £396.4 million. This consistent profitability reflects the company's effective growth strategies and market positioning.

Dividend Growth

Halma PLC announced a total dividend per share increase of 7% for the year, marking the 45th consecutive year of dividend growth of 5% or more. This demonstrates the company's commitment to returning value to its shareholders.

Strong Cash Performance

Halma PLC reported strong cash performance with a cash conversion rate of 103%, exceeding their target of 90%. This robust cash generation supports the company's ongoing investments and maintains a strong balance sheet.

Summarized from source with an LLMView Source

Key figures

27.3%1Y

-16.6%3Y

29.1%5Y

Performance

23.5%1Y

27.0%3Y

27.8%5Y

Volatility