28th Apr 2005 07:00
Halma PLC28 April 2005 HALMA p.l.c. YEAR-END UPDATE Halma, the leading safety, health and environmental technology group, todayannounces that its performance for the 2004 /05 financial year is expected to bein line with the previous year's results after accounting for the weakness ofthe US Dollar throughout the year. Good progress has been made by the two acquisitions completed earlier in theyear, Ocean Optics and Diba Industries. They have significantly increased thestrength of Halma's Optics and Specialist business, which has continued toperform strongly. The Group's Resistor and, in particular, Water Sectors continue to experiencedifficult trading conditions. In both cases, progress has already been madetowards improving prospects for the coming period. Cash flow and operating margins have remained strong and the Group was ungearedat the financial year end. For further information, please contact: Halma p.l.c. Andrew Williams, Group Chief Executive +44 (0)1494 721111Kevin Thompson, Group Finance Director +44 (0)1494 721111 Hogarth Partnership LimitedRachel Hirst/Andrew Jaques +44 (0)20 7357 9477 Notes : 1. Halma typically issues trading updates each April and October, ahead of its full year and interim announcements. 2. Halma's preliminary results for the year to 2 April 2005 will be announced on 21 June 2005. 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:
Halma