Halma PLC (LSE:HLMA) will provide investors with an update on trading this coming Thursday after its shares endured a rare period of turbulence recently in what, for years, has otherwise been a steady upward path.
In June, alongside its 19th consecutive year of record annual profit, the acquisitive health-and-safety technology group reported a "positive start to the new financial year" with a strong order book.
Order intake has exceeded revenue and is in line with very strong intake in the same period of the previous year.
At the time it predicted "good single digit percentage" organic constant currency revenue growth, which should translate to higher earnings, and dividends for fiscal 2023.
How that forecast has been affected by the recent economic uncertainty is the thing to watch, but over time Halma has demonstrated itself to be impressively sure-footed so any change in outlook would be a surprise.
The big question is how is it going to cope with the departure of chief executive Andrew Williams, who has decided to retire after 18 years in the role.
Marc Ronchetti was promoted from chief financial officer to chief executive designate and will take the tiller next April.