Halma has reported a 29.3% jump in adjusted pre-tax profit in its latest first half results, which totalled £270.5m for the period.
The FTSE 100 company also posted a 15.2% jump in revenue for the H1 period, which reached a record £1.24bn.
Halma, a group of safety equipment companies that makes products for hazard detection and life protection, was reporting its H1 results for the six months to 30 September.
The group said the results were underpinned by “strong organic growth”, which was broadly spread across its portfolio. This included a benefit from strong execution and premium growth in Halma’s photonics business in the environmental and analysis sector.
As a result of the performance, Halma also announced an interim dividend of 9.63p, which was up 7% on H1 last year.
Halma chief executive, Marc Ronchetti, commented: “We made excellent progress in the first half, further extending our track record of delivering strong and compounding growth and returns, while growing a safer, cleaner, healthier future for everyone, every day.
“We delivered record revenue and profit, a very strong adjusted earnings margin and returns well above our cost of capital, while making further substantial investments to support our growth over the longer term.”
Halma also revealed it had made a “good start” to the H2 period and said the strength of its H1 performance, combined with current expectations for the remainder of the year, would “support a further upgrade” to its full-year guidance.
Across its whole financial year, the company is now expecting to deliver “mid-teens percentage” organic constant currency revenue growth.
Ronchetti added: “The strength and breadth of our first half performance and our current expectations for the remainder of the year support a further upgrade to our guidance.
“Our continued success reflects the fundamental strengths of our sustainable growth model, including the long-term drivers that underpin growth in our portfolio, our ability to respond with agility to changing markets, and the continued commitment of our people to delivering our purpose.
“I would like to thank everyone at Halma for their contributions in the first half. We are well positioned to make further progress in the remainder of the year and for decades to come.”






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