Halma PLC's (LSE:HLMA) flat share price over the past six months suggests another steady performance is on the cards from the FTSE 100-listed, acquisition-driven engineer in next week's half-year numbers.
“Halma’s expected to keep things ticking over in next week’s half-year results with organic revenue growth, underlying operating margin expansion, and strong cash generation all on show,” said Hargreaves Lansdown
“Trading details at the end of September show performance isn’t shooting the lights out. But that’s kind of what Halma does well - consistent delivery in the face of varied economic climates.
“All eyes will be open for any detail on the Healthcare businesses where budget constraints are keeping a lid on customer orders. Aside from that, it’s the usual acquisition pipeline commentary that’s worth watching for.”
In September, Halma said it expected "good organic constant currency [interim] revenue growth" and underlying margin to be modestly higher than the previous year’s comparison.