Adjusted to remove the amortisation of acquired intangible assets, acquisition items, significant restructuring costs, profit or loss on disposal of operations and in the prior year the effect of equalising pension benefits for men and women in the defined benefit pension plans, totaling £42.9m (2019: £39.0m).We expect these strengths, combined with the quality of our people and our increasing investment in innovation and technology, to enable us to continue to create value for all of our key stakeholders in the years ahead.” This reflects our clear purpose and focused strategy, our flexible and agile organisation, and the resilient, long-term growth drivers in our chosen markets. “Halma delivered a record financial performance in the past year, and trading in the first quarter has been resilient despite the effects of the COVID-19 pandemic. Timing and profile of recovery remains uncertain currently expect Adjusted 1 profit before tax for FY2021 to be 5%-10% below FY2020, and more weighted to the second half than in previous years.Īndrew Williams, Group Chief Executive of Halma, commented:.Resilient Q1 FY2021 trading: revenue 4% lower than in Q1 FY2020 reflecting the ‘non-discretionary’ demand for many Halma products good cash generation order intake ahead of revenue and the same period last year.Total dividend for the year 7 up 5%, the 41 st consecutive year of dividend per share increases of 5% or more.

Strong cash generation, with cash conversion of 97%, and robust balance sheet and liquidity position with gearing (net debt to EBITDA) at the year-end of 1.1 times.R&D expenditure up 14%, representing 5.4% of revenue. Continued increased investment while maintaining high Return on Sales 5 and ROTIC3.Strong contribution from acquisitions, adding 5% to revenue and Adjusted 1 profit before tax growth ten acquisitions completed and healthy acquisition pipeline.

Revenue grew in all major regions on a reported and organic constant currency basis 3. Widespread growth: All sectors delivered revenue growth and three out of four sectors grew Adjusted 1 operating profit.Solid organic constant currency revenue growth 3 of 5% organic constant currency 3 Adjusted 1 profit before tax growth of 2%, or 4% excluding £5.0m of COVID-19-related customer bad debt provisions.Good growth with revenue up 11%, Adjusted 1 profit before tax up 9% and statutory profit before tax up 8%.Record revenue and profit for the 17 th consecutive year.Environment Commitment Statement and Supplier Statement.Our sustainability approach and progress.Our markets and their long term growth drivers.

It also develops, manufactures and supplies medical devices. It offers minimally invasive procedures, complementing its products used to diagnose and treat cancer. Its Healthcare segment helps healthcare providers to improve the care they deliver. It also manufactures devices for high-precision measurement of trace moisture found in gases. Its Environmental & Analysis segment provides solutions that monitor the environment and improve the availability of life-critical natural resources, such as air, water, and food, and analyze materials in a range of applications. This segment's solutions include fire safety, through fire detection and fire suppression solutions safe movement in public, commercial and industrial spaces el evator safety, and more. The Safety segment provides products that protect people, property and assets and enable safe movement in public spaces. Its segments include Safety, Environmental & Analysis and Healthcare. Halma plc is a life-saving technology company.

Halma investor report