Halma plc (HLMA) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our full year 24 results presentation. It's great to be here to present another strong set of results. Before we turn to the detail of the numbers, I'd like to take this opportunity to thank everyone at Halma for their personal contributions to our record performance in the year. The commitment to delivering our purpose, and the success that we've achieved in varied market conditions is something we should all be proud of. Thank you. It's turning now to the highlights of the year. These record results have further strengthened our foundations and increased my confidence in our future growth. We've reported record revenue and our 21st consecutive year of record profit. We've delivered healthy revenue and profit growth, both on a reported and organic basis. Our EBIT margin and our return on sales were well within our target ranges. We've continued to deliver high returns, substantially above our cost of capital. And this, alongside our strong cash generation, which was well ahead of our KPI, has enabled us to make substantial investments to support our future growth. This of financial performance that supports a further dividend increase, making this the 45th consecutive year of dividend growth of 5% or more. All in all, a great demonstration of our sustainable growth model in action. Steve will give you more detail and insight on our financial results in a moment, And after that, I'll come back to share my reflections on my first full year as CEO. And I'll look at the elements within our model that have both enabled this strong performance and more importantly, give me confidence that we'll continue to deliver long-term sustainable growth. With that, over to Steve. Thanks, Mark. Good morning. As you've already heard, we have delivered a str...