25th Oct 2007 07:00
Halma PLC25 October 2007 Halma p.l.c. POST-CLOSE TRADING UPDATE Halma's trading performance for the first six months of the current financialyear is expected to be in line with the Board's expectations as the Groupcontinues to achieve organic revenue and profit growth. The Board remainspositive about prospects for the current financial year and the medium term. Growth was achieved in all three sectors and in all major geographic regions.Industrial Safety continued to perform very well and benefited from good organicgrowth. Infrastructure Sensors and Health & Analysis both made progress and thebenefits arising from the strategic actions and additional investment in thefirst half are expected to start to emerge during the second half as planned. In October 2007, Halma acquired Sonar Research and Development ("SRD") based inBeverley, UK for £2.4m (maximum of £2.6m). SRD's technology complements theactivities of our existing subsea safety monitoring business, and they willoperate as part of the Tritech business. Halma continues to search for more acquisitions in all major regions and hasallocated further dedicated resources to support these efforts. Halma's Results for the six months to 29 September 2007 will be released on 29November 2007. For further information, please contact: Halma p.l.c. Tel: +44 (0)1494 721111Andrew Williams, Group Chief ExecutiveKevin Thompson, Group Finance Director Hogarth Partnership Limited Tel: +44 (0)20 7357 9477Rachel Hirst/Andrew Jaques Notes: 1. This Trading Update 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. 2. 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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