grevis2
- 15 Jul 2005 13:36
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.
grevis2
- 19 Jul 2005 11:39
- 6 of 36
ethel: 3 x 200K buys have just shown up and the price has taken off!
ethel
- 19 Jul 2005 11:55
- 7 of 36
I see them as sells.Still not too enthusiastic.Do I have all day to get the dividend or is it over by mid-day?
grevis2
- 19 Jul 2005 13:31
- 8 of 36
Halma PLC
19 July 2005
HALMA p.l.c. ('Halma')
ACQUISITION OF NETHERLOCKS SAFETY SYSTEMS B.V.
Halma, the leading safety and environmental technology group, announces that on
19 July 2005 it completed the acquisition of Netherlocks Safety Systems B.V.
('Netherlocks') based in Alphen aan den Rijn, the Netherlands. The vendors of
the company are Jacqal B.V., Wolgeest B.V. and Krissan Projects B.V.
The purchase price includes an initial cash consideration of 3 million (2.07
million), to be funded from Halma's current cash resources. Additional payments
of up to 7 million (4.8 million) are conditional on profit growth over the
current and following financial year.
Unaudited accounts for the year ended 31 December 2004 show that Netherlocks
generated profit before tax of 742,000 (512,000) on sales of 2,706,000
(1,866,000).
Founded in 1993, Netherlocks is globally active in the process interlocking,
valve control and machine guarding markets. The business is particularly well
positioned to benefit from the significant growth opportunities in the
petrochemical sector, one of its key markets.
Andrew Williams, Halma's Chief Executive, commented:
'The addition of Netherlocks will provide us with further strength in a growing
market for our Process Safety business. Making bolt-on acquisitions of this
nature, which increase our product range and distribution capability, remains an
important element of our Group Strategy.'
For further information, please contact:
Halma p.l.c. +44 (0)1494 721111
Andrew Williams, Chief Executive
Kevin Thompson, Finance Director
Hogarth Partnership Limited +44 (0)20 7357 9477
Rachel Hirst/Andrew Jaques
A copy of this announcement, together with other information about Halma, may be
viewed on its website:
www.halma.com
grevis2
- 22 Jul 2005 18:12
- 9 of 36
2 x 2.89 million shares bought in the last half hour. Who is buying this time!
grevis2
- 27 Jul 2005 11:17
- 10 of 36
Halma PLC
27 July 2005
HALMA p.l.c.
DISCLOSURE OF INTEREST IN SHARES
Halma p.l.c. has today received notification from Harris Associates L.P. that
following the purchase of 806,000 shares on 25 July 2005, accounts managed by
Harris Associates L.P. became the beneficial owners of 15,176,400 ordinary
shares of the Company. This represents 4.11% of the issued share capital of the
Company.
Harris Associates L.P. confirm that all holdings in the ordinary shares of the
Company are for investment purposes only.
grevis2
- 29 Jul 2005 19:01
- 11 of 36
Nice strong close again today.
grevis2
- 03 Aug 2005 10:37
- 12 of 36
Upbeat outlook at Halma
MoneyAM
Safety, health and environmental technology group, Halma, said trading during the first quarter has been encouraging.
It said sales and orders are ahead of last year and to date, currency effects have been broadly neutral compared with a significant adverse impact in the previous year.
In a statement ahead of today's annual general meeting chairman Geoff Unwin said the board is cautiously optimistic for the year ahead and that trading remains within the range of current market expectations.
Unwin said progress is being made across the group driven by organic growth and contributions from last year's acquisitions.
Strategic and operational action to position the group for higher growth in the longer term continues and the benefits from these actions should begin to emerge during the second half, Unwin added.
Halma's recent acquisition of Netherlocks Safety Systems BV has contributed to existing momentum in Process Safety but Elevators and Doors and certain specialist businesses have continued to experience sluggish market conditions, Unwin said.
grevis2
- 03 Aug 2005 11:04
- 13 of 36
FTSE 350 Risers
Name Price %
Aegis Group 105.25p 3.95
Vedanta Resources 589.75p 3.37
PZ Cussons 1,224.00p 2.86
Rotork 528.25p 2.72
Halma 147.50p 2.43
More FTSE Risers
grevis2
- 03 Aug 2005 11:17
- 14 of 36
FTSE 350 Risers
Name Price %
Aegis Group 106.00p 4.69
Halma 149.50p 3.82
Vedanta Resources 588.00p 3.07
Rotork 530.00p 3.06
PZ Cussons 1,224.00p 2.86
More FTSE Risers
partridge
- 03 Aug 2005 14:19
- 15 of 36
Held them in PEP since 1990. Solid if unspectacular.Good defensive qualities - dividend has increased every year and they generate lots of cash (no debt after all acquisitions last 15 years). Some parallels with another of my long term engineering sector holdings DKH, which is now reaping the benefits of one takeover bid and a second in the offing. Don't expect fireworks from HLMA, but you should sleep well and imho a good long term hold.Always DYOR.
grevis2
- 03 Aug 2005 14:34
- 16 of 36
Well aid partridge. Looks as though the market is in love with them today. Latest from Barclays Stockbrokers:
FTSE 350 Risers
Name Price %
Aegis Group 110.75p 9.38
Vedanta Resources 605.00p 6.05
Halma 150.50p 4.51
BPB 739.00p 4.38
Dana Petroleum 725.00p 4.24
More FTSE Risers
grevis2
- 03 Aug 2005 22:32
- 17 of 36
From UK-Analyst.com: August 3rd 2005
A positive AGM statement helped lift shares in Halma 6.5p higher to 150.5p today. The safety, health and environmental technology group said that trading during the first quarter had been "encouraging," confirming that sales and orders were ahead of last year and to date. Today's statement intimated the company's confidence for the current year, as it said it was "cautiously optimistic" for the year ahead with trading in line with its expectations.
partridge
- 30 Nov 2005 18:54
- 18 of 36
Have been steadily improving over last few months and recent RNS split historic business results into segments of Infrastructure Sensors, Health and Analysis and Industrial Safety. Shows pedestrian (but still acceptable) performance in two categories and growth in Health and Analysis, helped by shrewd acquisitions. It will be interesting to see if interims due 6th December bear out cautiously optimistic noises made at the AGM. Very good track record over many years and strong profits/cash generation mean yield at 170p likely to be min 4% over next 12 months. A proper company and one to lock away IMO.
partridge
- 06 Dec 2005 13:14
- 19 of 36
Very solid results today - sales/profit/dividend growth and still net cash after several acquisitions. Particularly like the establishment of manufacturing capacity in Eastern Europe/China, which should help margins still further going forward. IMO a quality long term share -one to lock away for the Children's Trust Fund money (if only that had been around whne my kids were born!)
partridge
- 26 Oct 2006 11:30
- 20 of 36
Been a good day today for those with a bit of quality in their portfolios. Check out HLMA trading statement.Firing on all cylinders, markets buoyant,great cash generator. Unlikely to make you a fortune overnight, but overall return (including reinvested divixdends) last 20 years excellent. Mine locked away in PEP.Always DYOR.
partridge
- 20 Jun 2007 10:09
- 21 of 36
Another excellent set of results yesterday and good write up in today's Times. Remains a core PEP/ISA holding imo. Unlikely to interest the day traders, but made me a lot of money since the 1970s!
partridge
- 01 Aug 2008 13:09
- 22 of 36
Another year, another excellent performance and another dividend increase - now 29 years in succession. Todays yield around 4%, but compounding effect on my first purchase is fantastic. Share price has trod water last 12 months, but still better than most. Always DYOR
partridge
- 21 Jun 2011 08:28
- 24 of 36
Another year, another excellent performance and now 32 years of dividend increases of at least 5%. Share price down - but not selling mine. Always dyor.
HARRYCAT
- 06 Jul 2011 13:24
- 25 of 36
Goes ex-divi 20th July '11 (5.56p)