Halma Plc Annual Report 2018: Strong Growth and High Returns

Halma, a leading safety, health, and environmental technology group, has announced its full-year results for the fiscal year ending March 31, 2018. The company's annual report highlights significant growth in revenue and profit, as well as a strong performance across all four sectors.

One of the key takeaways from the report is the group's aggressive acquisition strategy, which saw Halma spend £116 million on five acquisitions during the financial year. This strategic move has not only expanded the company's portfolio but also created a healthy acquisition pipeline for future growth.

Despite the increased spending on acquisitions, Halma maintained its impressive returns with a Return on Sales (ROS) of 19.9% and Return on Total Invested Capital (ROTIC) of 15.2%. These figures demonstrate the group's ability to generate strong profits while investing in new opportunities.

The report also highlights significant growth in Asia Pacific, where revenue exceeded that of the UK for the first time. This marks a major milestone for the company, indicating its increasing presence and success in this region. In addition, Halma reported good progress in the UK, USA, Mainland Europe, and Other regions, with all four sectors experiencing revenue and profit growth.

Notably, the group achieved over £1 billion of sales for the first time in its history, a testament to its continued expansion and diversification. On an organic constant currency basis, Halma reported revenue growth of 10% and profit growth of 9%, demonstrating the company's ability to drive sustainable growth without relying on acquisitions.

The adjusted pre-tax profit increased by 10%, reflecting the group's focus on cost management and operational efficiency. Overall, Halma's full-year results for 2018 are a testament to its strong performance and strategic direction, positioning the company for continued success in the future.

In conclusion, Halma Plc's annual report for 2018 provides a positive outlook for the company, highlighting its commitment to growth, innovation, and customer satisfaction. With a strong track record of delivering high returns and steady revenue growth, Halma is well-positioned to continue its success in the years ahead.

Halma plc annual report 2018