Halma plc (HLMA) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our full year 25 results presentation. It's great to be here to present a really strong set of results. In fact, overall, I'd say some of the best results that I've seen in my nine years here at Halma. These are results which clearly demonstrate both the benefits of our sustainable growth model and the value of having exceptional talent and teams across the group. And I'd like to start today by thanking everyone at HALMA for their continued commitment to delivering our purpose and their contributions to our success over the last year. Something we should all be extremely proud of. I'd also like to take this opportunity to introduce Carol, who joined as our CFO at the beginning of April. And it's been great to work with Carol over the last nine years in her role as a non-executive director on our board. And it's absolutely fantastic that she's now part of my leadership team. And I know that we'll all see the benefit of her significant experience as a finance leader and her passion for Halma's purpose and culture as we work together to deliver Halma's growth strategy. In a few moments Carol will give you some more insight into our financial performance in the last year, but first let me start with some of the highlights. As I say, it's great to report another set of strong results with record revenue and profit. This now being our 22nd consecutive year of profit growth. And I'm really pleased to see that these results are underpinned by strong organic growth above our long-term average. We've also delivered increases to our margins and to returns on capital with both metrics now at the upper part of our target ranges. And once again, cash generation has been excellent, well above our KPI, enabling us to make continued substantial investments...