26th Oct 2006 07:00
Halma PLC26 October 2006 Halma p.l.c. HALF YEAR TRADING UPDATE Halma's trading performance for the first six months of the year is expected tobe at the top end of the Board's expectations and we are continuing to achievehealthy organic growth. The Board remains positive about the Group's prospectsfor the full year. All three sectors will report increased revenues and profit for the first halfyear. Infrastructure Sensors is now delivering organic profit growth from the revenuegrowth momentum which started to emerge in the second half of last year. Inparticular, our Automatic Door Sensor business, BEA, is performing well. Health and Analysis is making solid progress with our Photonics businesscontinuing to grow strongly. Industrial Safety is growing organically across all business areas, each ofwhich has benefited from the buoyant energy markets. Acquisition activity continues. In September 2006, Halma acquired assetsassociated with sample handling and conditioning equipment for industrialemissions monitoring and process control applications from Baldwin EnvironmentalInc. for an initial consideration of $1.1m. This acquisition brings additionalfluid sample drying technology and products to one of our existing FluidTechnology businesses, Perma Pure, based in New Jersey, USA. Up to a further$700,000 is payable dependent upon net revenue growth for the period to March2009. The Group's Interim Results will be released on 5 December 2006. 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: A copy of this announcement, together with other information about Halma, may beviewed on its website: www.halma.com Halma, the leading safety, health and sensor technology business issues TradingUpdates each October and April, ahead of its Interim and Full Yearannouncements. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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