About Halma
Halma is a strongly cash generative and highly profitable group which develops, makes and markets products that are used to protect lives, or improve the quality of life, for individuals and businesses worldwide.
Our three specialist business sectors are:
Health and analysis
Improving public and personal health; protecting the environment.
Infrastructure sensors
Detecting hazards and protecting assets and people in buildings.
Industrial safety
Protecting assets and people at work.
Strategy
We aim to achieve high returns on invested capital and create sustained shareholder value.
We achieve sustainable competitive advantage by operating in relatively non-cyclical, specialised global markets. Our chosen markets have significant barriers to entry for competitors, are underpinned by long term, resilient growth drivers and must offer the potential for sustainable high returns and strong long-term growth.
Strategic priorities
Our main strategic priority is organic growth. We aim to achieve this by adding value to our businesses and building market leadership that provides high returns. In addition, we aim to acquire companies and intellectual assets that enhance our existing activities.
Primary growth drivers
Our growth drivers support financial strength
- Demand for energy and water resources
- Growth in population and urbanisation
- Rising expectations of health and safety
- Increasing demand for healthcare
Our three operating sectors, Health and Analysis, Infrastructure Sensors and Industrial Safety, were chosen because they offer markets where sustained growth is underpinned by strong, resilient drivers.
Many of our markets are highly regulated. Halma products frequently satisfy demand created by health, safety and environmental legislation. Regulation is a powerful driver which stimulates non-discretionary purchasing.
When we acquire, we only invest in companies exposed to relatively non-cyclical markets, with strong growth drivers, and where high barriers to entry deter new market entrants.
Dividends paid and proposed (£m)
Revenue (£m)
Adjusted profit before taxation1 (£m)
Return on sales1 (%)
1 See Financial highlights in the Annual Report and Accounts