Designs, manufactures & markets equipment for process safety, infrastructure safety, medical and environmental & analysis. Typical products include - fire detectors, gas detectors, water treatment systems, ophthalmic instruments and machine safety systems. I have a holding in my income portfolio (epic code: HLMA).
Halma released their interim management statement today, stating that revenue during the first quarter was 13% ahead of last year including 6% organic growth at constant currency. This compares to growth for the whole of last year of 7% and 3% for organic growth at constant currency.
Order books have been increased from the year-end, with order intake at 103% of revenue. They further stated that trading since the start of the financial year has been in line
with the Board's expectations.
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