Halma PLC
26 October 2000
HALMA p.l.c.
TRADING UPDATE
Halma, the leading safety and environmental technology Group, issued a trading
update today, 26 October 2000. Halma issues trading updates each April and
October, two months ahead of its interim and full year announcements.
Overall trading continues to be good and it is anticipated that sales and
profits for the half year to 30 September 2000 will provide a strong basis for
the achievement of full year results in line with market expectations.
The Group's reorganisation into product-related business groups has been
completed successfully. Halma's six specialist business groupings are:
- Water leak detection and UV treatment
- Fire and Gas detection
- Elevator Electronics
- Bursting discs and sequential locking for Process Safety
- Ophthalmic Optics
- High power electrical Resistors
The greater focus resulting from this structure is already having a positive
impact, particularly in terms of improving order intake.
Cutler-Hammer, the US-based resistor manufacturing business purchased in March
2000, has been integrated into the Group very satisfactorily and is
contributing to a strong performance in the resistors business grouping. The
acquisition of Hydreka S.A. in France and Wessex Electronics Consultants in
the UK has further strengthened the Group's market leadership in the
minimisation of water leaks.
Contact for further information: Mr Stephen R O'Shea
Chief Executive, Halma p.l.c.
Tel: +44 (0)1494 721111
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