![]() ![]() We are well positioned to make further progress this year and in the longer term.” Notes:Īdjusted to remove the amortisation and impairment of acquired intangible assets, acquisition items and profit or loss on disposal of operations, totalling £69.8m (2021/22: £11.8m). Based on current market conditions, we expect to deliver good organic constant currency 7 revenue growth in the year ahead, and Return on Sales 4 to increase to approximately 20%. We have a strong order book, and order intake in the year to date is broadly in line with revenue and ahead of the comparable period last year. We have made a positive start to the new financial year. At the same time, we substantially increased strategic investment to record levels, increasing our opportunities for future growth through organic investment and strategic acquisitions, while maintaining a strong balance sheet. We delivered record revenue and profit, achieving our 20 th consecutive year of profit growth and our 44 th consecutive year of dividend per share growth of 5% or more. “2023 was a successful year for Halma, reflecting the contributions and continued commitment to our purpose of everyone at Halma. Marc Ronchetti, Group Chief Executive of Halma, commented: Total dividend per share for the year up 7% 44 th consecutive year of dividend growth of 5% or more.O Increased investment in technology by £7m to £18m O R&D expenditure up by £17m to £103m, representing 5.5% of revenue O Seven acquisitions completed in the year for a maximum total consideration of £397m two further acquisitions completed since the period end for a maximum total consideration of approximately £57m a healthy acquisition pipeline across all sectors. Record strategic investment of over half a billion pounds to support our future growth:.Cash conversion of 78% (90% in the second half of the year) strong balance sheet, with net debt/EBITDA of 1.38x (2022: 0.74x), underpins investment in organic growth and acquisitions.Expect FY 2024 Return on Sales 4 to increase to approximately 20%. Continued high returns: Return on Sales 4 of 19.5% and ROTIC 5 of 14.8%.Broad-based revenue growth in all sectors and regions, including on an organic constant currency 7 basis Adjusted 1 profit growth in all sectors.Statutory Profit before Taxation down 4% principally reflected non-recurrence of a gain on disposal of £34.0m in the prior year up 8% excluding this gain.20 th consecutive year of record profit: Adjusted 1 Profit before Taxation up 14% up 3% on an organic constant currency 7 basis.Record revenue, up 21%, and 10% on an organic constant currency 7 basis.Record revenue, Adjusted 1 Profit, and strategic investment They support our companies through our Growth Enablers, manage our portfolio of companies and the allocation of capital, set our risk appetite, and ensure compliance and good governance.Halma Plc (LON:HLMA), the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone, every day, has today announced its full year results for the 12 months to 31 March 2023. Group teams provide expertise in capital management and control frameworks. The sectors are managed by three Sector Chief Executives, who sit on the Halma Executive Board, and a small team of Divisional Chief Executives who chair the companies and lead the M&A. They promote internal networks and collaboration between companies, enabling companies to capitalise on broader sector trends, and support M&A through small sector teams. Our sector teams are the vital connection between our companies and support functions. Halma companies are grouped into three sectors: Safety, Environmental & Analysis, and Healthcare. It also allows companies to drive innovation in their niche markets, and be agile and responsive to changes in their customers’ needs to drive sustainable growth. This drives accountability for performance, and supports good governance. We place our operational resources close to our customers through locally-managed, autonomous companies.Įach company is a separate legal entity with a Board of Directors. Halma has a highly decentralised structure which delivers real competitive advantage. Environment Commitment Statement and Supplier Statement.Our sustainability approach and progress.Our markets and their long term growth drivers. ![]()
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