Adjusted 1 Profit before Taxation, Adjusted 2 Earnings per Share, organic growth rates, Return on Sales and ROTIC are alternative performance measures used by management.Organic constant currency measures exclude the effect of movements in foreign exchange rates on the translation of revenue and profit 1 into Sterling, as well as acquisitions for the year following completion and disposals.Return on Total Invested Capital (ROTIC) is defined as post-tax Adjusted 1 Profit as a percentage of average Total Invested Capital.Return on Sales is defined as Adjusted 1 Profit before Taxation from continuing operations expressed as a percentage of revenue from continuing operations.Interim dividend paid and declared per share.See note 2 to the Condensed Interim Financial Statements for details.

Adjusted to remove the amortisation of acquired intangible assets, acquisition items, profit or loss on disposal of operations and the associated taxation thereon.

Adjusted to remove the amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations, totalling £(12.6)m (2020/21: £25.7m).

With our agile business model enable us to perform well in varied market conditions and sustain growth and returns over the longer term.” Our strong purpose and culture, our portfolio and geographic diversity, together Our Sustainable Growth Model continues to drive our success, including its focus on global niche markets with Second half of the year, we expect more typical rates of revenue growth and Return on Sales, with the latter Revenue, costs and working capital from increased supply chain, logistics and labour market disruption. Our full year outlook is unchanged, despite variable overhead costs returning and continued impacts on “Halma made strong progress in the first half, delivering record revenue, profit and interim dividend, with substantial growth compared to both the first half of last financial year and 2019/20.

Solid cash conversion of 85% and a robust balance sheet supporting sustained investment in organic growth and acquisitions, and a 7% increase in the interim dividend.Īndrew Williams, Group Chief Executive of Halma, commented:.

Ten acquisitions completed in the first half and one further small acquisition completed since the period end a healthy acquisition pipeline across all sectors.

Increased returns and investment: ROTIC 5 of 14.9%, and R&D expenditure up 20%, representing 5.6% of revenue.

Strong organic constant currency 6 revenue and profit growth in all sectors and major regions very strong growth in the UK and Asia Pacific, against weaker comparatives.

Statutory Profit before Taxation up 74%, including a £34.0m gain on the disposal of Texecom.

High Return on Sales of 21.0% (2020/21: 19.7%) given robust gross margins with a slower-than-expected return of variable overhead costs.

Adjusted 1 Profit before Taxation up 27% 32% on an organic constant currency 6 basis. Record revenue and profit: revenue up 19% 23% on an organic constant currency 6 basis.Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone, every day, today announces results for the 6 months to 30 September 2021. Record first half results and continued dividend growth Environment Commitment Statement and Supplier Statement.Our sustainability approach and progress.Our markets and their long term growth drivers.

Halma investor report