IN BRIEF: Halma keeps annual guidance unchanged despite China decline
21st Sep 2023 09:22
Halma PLC - Buckinghamshire, England-based safety equipment - Guidance for financial 2024 is unchanged after "progress" in the first half, despite "varied market conditions". This guidance, provided in June, was for "good organic constant currency revenue growth" and 20% return on sales. Says order intake so far is ahead of year earlier. Halma reports "strong organic constant currency revenue growth" in the US and mainland Europe. UK revenue has grown "modestly", but in Asia-Pacific, it has declined. This is due to a revenue fall in China, partly offset by a "strong performance" in Australasia. Halma will release results for the half-year ending September 30 on November 16. Read More