Halma develops and sells products for use in the enhancement of public safety and for minimising hazards in the workplace. Its six business divisions cover the development and supply of visual warning systems, toxic gas and smoke detectors, electronic alarm systems and water leakage detectors.

Recent deals have taken the company into medical tests that show some promise. The company has no debt and good dividend growth

Halma at new record
Date: 21 June 2005

LONDON (ShareCast) - Engineer and fire safety products specialist Halma reported another record year despite difficult trading conditions and an adverse currency and raw material hit of 2.5m.

Underlying profits in the year to March rose to 50.4m, from 50.3m, despite currencies moving against it. Sales rose 2% to 299.1m. Pre-tax profits came in at 44.9m against 36.9m.

Resistors and water had a difficult year, chairman Geoff Unwin said, though other sectors held their own or were better.

'Overall, despite little fundamental help from our markets, we remain cautiously optimistic for the year ahead,' he added.

The dividend for the year goes up by 5% to 6.5p.

Bit of a result, never traded this before moved my stop right up to lock in profits. RNS below:-

The results for the year ending 1 April 2017 will be released on 13 June 2017.

Audit Tender conclusion

Halma has concluded an external audit tender process and intends to propose to shareholders, at the 2017 Annual General Meeting, the appointment of PricewaterhouseCoopers LLP as auditor for the accounting year ending 31 March 2018.

The decision follows a competitive process undertaken by the Audit Committee, concluding with a recommendation, approved by the Board, to appoint PricewaterhouseCoopers LLP. Further details of the tender process will be included in the Company's Annual Report and Accounts 2017.

The current Statutory Auditor, Deloitte LLP, will continue in its role and undertake the audit of Halma plc for the year ending 1 April 2017.



For further information, please contact:

Halma plc Tel: +44 (0)1494 721111
Andrew Williams, Chief Executive
Kevin Thompson, Finance Director

MHP Communications Tel: +44 (0)20 3128 8100
Rachel Hirst/Andrew Jaques


Notes:

1.
Adjusted profit before tax is before amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations and restructuring.

2.
The Board believes current market forecasts for adjusted profit before tax to be in the range of £183.7 million to £199.4 million with a consensus of £191.4 million.

3.
This Trading Update is based on unaudited management accounts information and has been prepared solely to provide additional information to the shareholders of Halma plc. It should not be relied on by any other party, for other purposes. Forward-looking statements have been made by the Directors in good faith using information available up until the date that they approved this statement. Forward-looking statements should be regarded with caution because of the inherent uncertainties in economic trends and business risks.

4.
A copy of this announcement, together with other information about Halma, may be viewed on its website: www.halma.com

Well done CC - but as I believe Warren Buffett's mate Charlie Munger once said "You make your real money by waiting, not by buying and selling". If you had held Halma since the 1970s, a classic example!

partridge - Hindsight is wonderful can't disagree with your sentiments, in the 1970's I was more interested in my career and had no knowledge or interest in stocks and shares, wish I had now of course. I only became interested and started trading/investing in the Stock Market in 2006. To me it is a hobby, I won't be alive in forty or fifty years time so long term investing not really an option for me personally.