![]() ![]() No management changes are directly related to this change. Group earnings are unaffected by this restatement. The fundamental Group philosophy of giving subsidiaries autonomy and resources to grow independently remains in place. These new sectors include subsidiaries with similar end-markets which will continue to help Halma further develop market-driven strategies through collaboration. The new reporting sectors are intended to provide greater insight into the products, markets and market growth drivers which are supporting our strong performance and future prospects. The two safety-related sectors, Industrial Safety and Infrastructure Sensors, will be re-named Process Safety and Infrastructure Safety respectively. The creation of a separate Medical sector reflects our growing presence in the medical devices market, in particular in ophthalmology and blood pressure monitoring. In future, the current Health & Analysis sector will be reported under two new sectors, namely Medical and Environmental & Analysis. Significant M&A activity in recent years has resulted in the Health & Analysis sector growing from ~30% of Group profit in 2005 to ~50% today. All our businesses operate in markets with one or more of our long-term growth drivers: increasing Health & Safety regulation, increasing demand for healthcare and the increasing need for life-critical resources (such as energy and water). Since 2005, we have reported our business under three sectors including two focused on Safety (Industrial Safety and Infrastructure Sensors) and one on Health and the Environment (Health & Analysis). Halma's products "protect life" and "improve the quality of life" in safety, health and environmental markets. The results for the financial year ending 30 March 2013 are expected to be released on 13 June 2013. There have been no material events or transactions impacting the Group's financial position, which remains strong. We continue to search for opportunities across all of Halma's market sectors. We have maintained strong returns and achieved good cash generation, which provide us with the financial capacity for further acquisitions and investment. ![]() All acquisitions, including MicroSurgical Technology and Longer Pump, which were acquired in December 2012 and January 2013 respectively, are trading well and in line with our expectations. This financial year we have made five acquisitions and one disposal. ![]() Infrastructure Sensors is making solid progress with the expected improvement in Elevator Safety and softer trading in Automatic Door Sensors. Health & Analysis is benefiting from recent acquisitions with good performances in Health Optics and Fluid Technology offsetting weakness in Photonics. Our Industrial Safety sector has performed strongly. Good growth has continued in the USA and Asia whilst tougher trading conditions remain in the UK and Europe. The regional and sector trading patterns reported for the first six months of the financial year have been maintained. Halma, the leading safety, health and environmental technology group today makes an Interim Management Statement ("IMS"), prior to its financial year ending 30 March 2013, covering the period from 30 September 2012 to date.īased on current trading and forecasts, the Board expects adjusted profit (see note 1) for the full year to be in line with market expectations. Interim Management Statement and new reporting sectors Environment Commitment Statement and Supplier Statement.Our sustainability approach and progress. ![]()
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