With regards to its financial position, the net debt of the Company had increased to £315.0 million during H1 FY21.The adjusted earning per share also dropped to 25.54 pence per share during H1 FY21.Similarly, the adjusted profit before tax also went down by 5% from £128.8 million during H1 FY20 to £122.0 million for H1 FY21.The Company had witnessed an improvement of 11% in Q2 FY21 revenue from the levels achieved in Q1 FY21. The revenue of the Company had reduced by 5% to £618.4 million during H1 FY21 ended on 30 September 2020 from £653.7 million achieved in H1 FY20.H1 FY21 results (ended 30 September 2020) as reported on 19 November 2020. He will step down from the Chair of Halma Plc by the end of July 2021 as announced on 23 September 2020. On 04 December 2020, the Company had updated that Paul Walker will be appointed as the Chair of RELX Plc with effect from 01 March 2021. This transaction involving divestment was falling in line with the Company’s strategy with an objective of generating strong growth and return in the long term. The Company had acquired Fiberguide in 2008. The Company had sold Fiberguide Industries to Molex for a total cash consideration of £28.1 million on a cash and debt-free basis. On 18 December 2020, the Company had updated regarding the details of the transaction involving the sale of Fiberguide Industries. On 21 December 2020, the Company had updated that it had acquired Static Systems Holdings Limited for £37 million, on a cash and debt-free basis. Medical – It focuses on bringing the quality of products and services used by patients and healthcare providers. Infrastructure Safety – It encapsulates a range of products detecting hazard to protect people and assets in public places, transportation and commercial buildings through its wide variety of products like fire detection, suppression systems and fire & smoke detectors.Įnvironmental & Analysis – The Environmental & Analysis deals with products and technologies used in safety, environmental markets and life sciences. The key products are corrosion monitoring products, specialized interlocks and explosion protection instrument. Process Safety – It includes products targeting assets and employees present in the workplace. The Company is bifurcated into four sectors briefed below. The Company is currently operating in 20 countries with the majority of its operations present in the UK, Europe, Asia and the US. The Company has four reportable business segments - Process Safety, Infrastructure Safety, Environmental & Analysis and Medical. Shares of HLMA were down by close to 0.70% from the last closing price (as on 22 December 2020, before the market close at 08:15 AM GMT). Based on its 1-year performance, shares of HLMA have generated a return of about 13.48%. The Company is a well-established electronic equipment player. Halma Plc (LON: HLMA) is the FTSE 100 listed industrial stock.
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