Halma PLC (LSE:HLMA) said it made "good progress" in the second half of its financial year to 31 March, putting the company on track for its 22nd consecutive year of record adjusted profit.
In a short trading update ahead of full results in June, the FTSE 100-listed safety products group said organic revenue growth was supported by strong order intake, and adjusted EBIT margin is now expected to be "modestly above 21%", up from previous guidance of "around 21%".
Guidance for "good" organic revenue growth for the full year was unchanged.
The company completed seven acquisitions worth £158 million and said it continues to have a "healthy" pipeline for future investments.
Halma products include fire and smoke detectors, lift safety devices such as emergency braking systems, water and air quality monitoring sensors, pipeline leak detection systems, medical sterilization equipment and neonatal hearing screening devices.