AI infrastructure boom helps power Halma to record sales and profit Tech The AI infrastructure boom helped underpin another record year at Halma as the FTSE 100 safety and equipment maker delivered more than £2.5bn in annual revenue for the first time. The 130-year-old group, which owns dozens of specialist businesses across safety, healthcare and environmental tech, posted record revenue and profit, extending a growth streak that [...]
FTSE 100 seals record high after shaking off investor nerves Markets The FTSE 100 finally sealed a new record closing high on Thursday after falling a whisker short the previous two trading sessions. The UK’s flagship index rose 0.2 per cent to – besting March’s record of 8,871.31. The index also beat its previous intraday high after hitting 8,892.36 in afternoon trading. Endeavour mining topped the [...]
Halma: FTSE 100 giant books record revenue and ups dividend Tech Safety and equipment maker Halma notched a record year after its diversified business model powered growth across sectors amid a tough global backdrop. The 130-year-old FTSE 100 firm recorded an 11 per cent jump in revenue to £2.2bn, which came after the business’s revenue for the first six months of the financial year topped £1bn for the first [...]
Halma shares hit three-year high as FTSE 100 firm breaches record £1bn revenue November 21, 2024 Shares in safety products conglomerate Halma soared to a three-year high on Thursday after the FTSE 100 group's first-half revenue surpassed £1bn for the first time.
Nvidia earnings set to guide US stock market as Trump boost fades November 17, 2024 Nvidia’s earnings will take centre stage for the US stock market this week, while FTSE 100 firms Imperial Brands, Severn Trent and Halma report across the pond. The chipmaking behemoth has seen its share price gain nearly 800 per cent over the last two years as booming demand for AI has driven it to become [...]
Safety device firm Halma maintains full year guidance September 26, 2024 Health and safety product manufacturer Halma said it has made progress in “varied” and “changing” market conditions in a trading update ahead of its half year end on 30 September. The Amersham-headquartered company has maintained its full year 2025 guidance given earlier this year of “good organic constant currency revenue growth” and an adjusted earnings before interest [...]
Halma: Record profit for safety equipment maker as sales pass £2bn June 13, 2024 British health and safety device maker Halma achieved a record profit again during its latest financial year as sales hit £2bn for the first time in its history.
Safety equipment firm Halma acquires MK Test for £44m May 1, 2024 Safety equipment company Halma has acquired electrical testing technology firm MK Test for more than £40m, it has been announced.
Halma inks second multi-million deal of the week after upbeat financial year October 6, 2022 British safety equipment company Halma has bought a German electricals safety testing company for around £50m, in its second acquisition announcement of the week following an upbeat financial year. The London-listed group bought Wertheim-based WEETECH on a cash and debt-free basis, which will play an critical role in addressing the challenge of energy transition and [...]
City Moves: Who is switching jobs in the Square Mile this week? March 31, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. Covatic appoints ex-BBC strategy head London-based start-up tech company Covatic has hired an ex-BBC veteran as its chief product officer. Daniel Pike joins the company, which aims to improve in-app consumer engagement, at [...]