Halma plc (HLMA) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Morning and welcome to our half year results presentation. It's great to be here to present a really strong set of results. But before we dive into the numbers, I want to start today by recognising the incredible efforts of everyone at HALMA for both their individual and collective contributions to another set of record results. I'm extremely proud of your dedication and your ongoing commitment to making a positive impact on people's lives. It's this that drives our continued success. Thank you. Steve will provide more details on our financial performance shortly. However, in summary, really pleased to report record revenue and profit with a couple of milestones reach for this first half of the year. Revenue is above 1 billion pounds and EBIT is above 200 million pounds for the first time. And it's great to see that our reported performance is underpinned by a strong foundation of organic growth with double digit increases for both revenue and profit. Alongside this growth, we've continued to deliver strong margins, high returns and excellent cash generation. These enabling us to make substantial investments to support our future growth, both organically and through acquisitions, with M&A momentum continuing in the second half. This strong performance supports a 7% increase in the interim dividend, reflecting our continued confidence in our future prospects. These results further extend our track record of delivering strong and compounding revenue and profit growth. It's great to see the 10-year compound annual growth rates of both revenue and profit at 12% in excess of our KPI. And this through a volatile period for economic and geopolitical events. For example, the COVID pandemic, supply chain challenges and significant government and policy changes. Importantly, i...