Daily Banking News
$42.39
-0.38%
$164.24
-0.07%
$60.78
+0.07%
$32.38
+1.31%
$260.02
+0.21%
$372.02
+0.18%
$78.71
-0.06%
$103.99
-0.51%
$76.53
+1.19%
$2.81
-0.71%
$20.46
+0.34%
$72.10
+0.28%
$67.30
+0.42%

Halma PLC raises interim dividend after good start to second half


Full-year adjusted profit before tax is expected to be at the upper end of guidance, which is 5% below last year

() raised the interim dividend after a good start to the second half, with order intake ahead of revenue and up on the same period last year.

As a result, adjusted profit before tax is expected to be at the upper end of guidance, which is 5% below last year.

READ: Halma hold profit guidance steady as revenue declines gradually ease

The manufacturer of lift door sensors and medical instruments raised dividend for the six months to September 30 by 5% to 6.87p per share.

In the same period, revenue and adjusted profit before tax dipped 5% to £618mln and £122mln respectively. Net debt was £315mln.

All the FTSE 100 major markets were affected by COVID-19, with growth in the US and China offset by declines in Mainland Europe and Asia Pacific. The UK was its weakest region with revenue down 17%.

However, revenue momentum improved during the period and has continued into the second half to date, the firm said.



Read More: Halma PLC raises interim dividend after good start to second half

Get real time updates directly on you device, subscribe now.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.