1st Aug 2007 07:00
Halma PLC01 August 2007 HALMA p.l.c. Trading Update / Interim Management Statement 1 August 2007 Halma, the leading safety, health and sensor technology group, is holding its 113th AGMlater today, at which Geoff Unwin, Chairman, will make the following statement, whichcomprises the Group's first Interim Management Statement as required by the UK ListingAuthority's Disclosure and Transparency Rules. This statement relates to the period from 1April 2007 and includes the first quarter's trading. "Sales and orders during the first quarter of the current financial year have been in linewith the Board's expectations, with good progress made on strategic actions. "The strategic changes in our Security and Elevator Safety businesses within theInfrastructure Sensors sector continue apace. The benefits of this investment are notexpected to begin to emerge until the second half of this financial year. "We are seeing some encouraging signs in China, particularly from our Photonics businesswithin the Health and Analysis sector. A number of businesses are now planning toestablish manufacturing in the region to build their presence in local markets. Withinthe Industrial Safety sector, our Gas Detection business will shortly complete a smallacquisition in China which will immediately provide new manufacturing resources. "Cashflow in the first quarter has been good. We are seeking opportunities to invest inour existing businesses and in new acquisitions. The two acquisitions completed duringthe second half of the last financial year, Tritech and Labsphere, are meeting ourexpectations. "The Group's financial position continues to be strong and there have been no materialevents or transactions affecting the Group. "As stated at the time of our year end results, the Board remains positive about theGroup's prospects for the year and the longer term." For further information, please contact: Halma p.l.c. Tel: +44 (0)1494 721111 Andrew Williams, Group Chief ExecutiveKevin Thompson, Group Finance Director Hogarth Partnership Limited Tel: +44 (0)20 7357 9477Rachel Hirst/Andrew Jaques Notes: 1. The next update on trading is expected to be issued at the end of October 2007, with the half-yearly results for the period to 29 September 2007 expected to be released on 29 November 2007. 2. This Interim Management Statement has been prepared solely to provide additional information to the shareholders of Halma p.l.c., in order to meet the requirements of the UK Listing Authority's Disclosure and Transparency Rules. 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. 3. A copy of this announcement, together with other information about Halma, may be viewed on its website: www.halma.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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