)
Edge19 Apr 2024
The Three Cornerstones of Serial Acquirer Success
Explore what is behind successful serial acquirers: efficient capital use, decentralization, and a strong focus on people.
Halma (HLMA) investor relations material
Halma H1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 25/26 earnings summary20 Nov, 2025
Executive summary
Achieved record first-half results with 15% revenue growth and 27% EBIT growth, driven by strong organic performance across all sectors and premium growth in Photonics, despite varied market and geopolitical conditions.
On track for the 23rd consecutive year of record profit and 47th year of dividend increases of 5% or more, reflecting confidence in the long-term business model.
Two acquisitions completed for £129m, one major disposal, and continued strategic investment in R&D and talent to support future growth.
Financial highlights
Revenue rose 15.2% year-over-year to £1,237.4m; organic revenue up 17.6%, with acquisitions contributing 1.6% and a currency headwind of 3.2%.
Adjusted EBIT increased 27% to £282m, with margin up to 22.8% (up 210bps); EBIT grew 22.8% organically, and acquisitions contributed 3.1% to EBIT.
Adjusted profit before tax up 29.3% to £270.5m; statutory profit before tax up 39.0% to £241.8m.
Adjusted EPS up 28.6% to 55.32p; interim dividend per share increased 7% to 9.63p.
Cash conversion at 79% due to high investment, expected to normalize to 90% by year-end.
Outlook and guidance
Full-year guidance upgraded for the second time, now expecting mid-teens organic constant currency revenue growth and an adjusted EBIT margin of around 22%.
Group order intake remains ahead of revenue and prior year, with premium growth in Photonics expected to continue as a tailwind into FY 2027.
Management remains confident in delivering strong growth and returns despite ongoing market and macroeconomic uncertainty.
Future strategy for hyperscaler customer demand
H2 cash conversion plan to meet 90% KPI
USA Safety sector growth drivers for H2
Photonics diversification strategy beyond key customer?
Safety sector margin sustainability outlook?
Appetite for larger M&A deals going forward?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Halma earnings date
Q3 2026 TU12 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Business Philosophy23 May 2023
David Barber: Delivering Shareholder Value
Recapping David Barber's speech, co-founder of Halma, from 1997 describing the secret of the group’s success as a combination of strategic long-term vision and steady purpose.
)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Frequently asked questions
Halma plc operates a group of technology companies that provide safety, health, and environmental solutions. The company’s subsidiaries develop products for hazard detection, life protection, water analysis, and medical diagnostics. It serves industrial, healthcare, and infrastructure markets globally. The company is headquartered in Amersham, United Kingdom, and its shares are listed on the LSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage