Halma (HLMA) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
12 Mar, 2026Executive summary
Achieved strong progress in the second half, consistent with upgraded guidance from November 2025, extending a record of compounding growth and returns.
On track for 23rd consecutive year of record Adjusted profit, with broad-based growth across diverse end markets.
Financial highlights
Expecting mid-teens percentage organic constant currency revenue growth year-over-year.
Adjusted EBIT margin (excluding one-off profit) anticipated around 22% for the full year.
Full year cash conversion expected to meet KPI of 90%.
Sterling appreciation projected to negatively impact revenue by £63m and profit by £14m compared to prior year.
One-off revenue of £9.3m and profit of £8.6m recognized from Nuvonic transaction in the current year.
Outlook and guidance
Order intake remains ahead of both revenue and the comparable period last year.
Guidance maintained for mid-teens organic revenue growth and 22% Adjusted EBIT margin, excluding one-off items.
Full year results to be released on 11 June 2026.
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