Halma announces record earnings and strategy for continued expansion

– £100m earmarked for acquisitions –

Halma p.l.c. (www.halma.com), the leading global safety, health and sensor technology group and parent company of Apollo, has announced record results with profits up 9% to £86m and revenue rising by 1% to £459m. The UK-based group has posted strong financials to raise shareholder dividends by 7%, the thirty-first consecutive year of increases greater than 5%. The company plans to augment its organic growth efforts through acquisition of complementary technology companies, as it has done for many years.

Halma’s subsidiaries operate in three main market sectors: Health and Analysis, Infrastructure Sensors, and Industrial Safety, creating shareholder value with consistent organic growth and sound acquisitions. Halma companies operate as independent entities under the day-to-day direction of their local management, while reaping the capital and network benefits of a larger multi-national parent.

The company is seeking successful and profitable companies that are closely allied to any of its current market sectors, although photonics, water, fluid technology and health optics are a particular focus. It has £100m earmarked for acquisitions.

“In recent months we have increased our acquisition search activity,” said Nigel Trodd, Chief Executive of the Fire & Security Division. “Our experience has been that vendors of good quality businesses are now keener to talk but that many remain cautious about whether to sell now or to wait, in the hope that markets will recover in the medium term. Our task is to convince them that they will achieve even greater success by being part of Halma and to structure deals accordingly. We continue to search for businesses in all of our existing market sectors and in all geographic regions.”

Headquartered in the United Kingdom, Halma is a holding company of approximately 35 worldwide subsidiaries that develop and manufacture products that protect lives and improve quality of life for people worldwide. The company’s business groups focus on industrial safety, health and analysis and infrastructure sensors.

To present potential acquisitions opportunities, please contact:

Nigel Trodd – Chief Executive, Fire & Security Division
Email: nigel.trodd@halma.com
Tel:  +44 (0)1494 721111
Fax:  +44 (0)1494 728032

Comments (0) »

Apollo Is Granted Custody Of Maidstone Combined Court

Fire detection technology from Apollo Fire Detectors has been installed to protect people using Maidstone Combined Court in Kent. The contract to supply the building with an L2 fire system was awarded to R&M Clarkson.

Apollo Fire Detectors protect Maidstone Combined Court

Apollo Fire Detectors protect Maidstone Combined Court

Maidstone Combined Court was constructed in 1983 and houses both the Crown and County courts. Six storeys in height, the building is most famous for the recent trial surrounding the £53 million Securitas depot raid in 2006, for which six people are currently serving sentences.

R&M Clarkson was given a very short project time of just 10 weeks. They selected Apollo Fire Detectors as a manufacturer that would deliver on time and supply reliable technology to meet the client’s requirements.

Neil Shrubsole, the company’s Operations Director, explains:
“Working to such a short time-frame, we needed to be certain that the equipment would arrive on site exactly when it was needed.

“Due to the nature of the client’s activities, we also needed assurance that the fire system was based on proven technology and that it would be reliable from day one. Apollo fulfilled every aspect of this brief and we had no hesitation in recommending their technology.”

Maidstone Combined Court’s new fire system uses in excess of 1500 devices, including 900 Apollo Discovery fire detectors and multisensors. In addition, the building is equipped with more than 500 Discovery audio-visual warning devices. The system is controlled using six networked Kentec control panels complete with graphical mimics.

Comments (0) »

css.php