Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

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.

Current stock price: 2,050.00 pence, down 1.3% in London early Thursday

12-month change: down 2.8%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


Related Shares:

Halma
FTSE 100 Latest
Value8,809.74
Change53.53