Halma trading in new financial year in line with company expectations
Safety, health and sensor technology group Halma PLC (LON:HLMA) said trading since the start of the financial year has been strong and is in line with the board's expectations.
In a statement prepared for today’s AGM, Chairman Geoff Unwin said: “In the first quarter (relating to the period April 4 to July 29 2010), revenue was 8 percent ahead of last year and included a positive benefit of less than 1 percent from currency translation. Order intake was comfortably ahead of revenue, continuing the strong momentum established in the second half of the last financial year.”
All three sectors increased revenue and profitability, Infrastructure Sensors is making solid progress, Health and Analysis is growing strongly whilst Industrial Safety is maintaining a steady recovery following a weak first half, last year.
Revenue growth in the USA is good, with a lower rate of growth in Europe and the UK remaining relatively weak. Strong progress continues to be made in the Rest of the World, including Asia.
"There have been no material events or transactions impacting the Group's financial position, which remains strong. We continue to seek to invest in supporting organic growth and to acquire businesses which meet our strategic and financial criteria,” Unwin added.



















