![]() ![]() No furlough or debt funding sought, or received, from the UK Government. A robust balance sheet with net debt of £315.0m (net debt to EBITDA of 1.02 times) and significant liquidity. Strong cash generation with good working capital management.Moderate declines in Mainland Europe and Asia Pacific, despite growth in China, and a weaker performance in the UK. Safety sectors’ revenue declined, although trends improved during the half year. Revenue growth in the Environmental & Analysis and Medical sectors.Return on Total Invested Capital 5 of 12.6% was in excess of our KPI and significantly above the Group’s cost of capital. High level of returns maintained: discretionary cost reductions of over £20m in Q1 and ongoing overhead control contributed to Return on Sales 4 remaining flat at 19.7%.Organic constant currency 6 (OCCY) revenue was 11% lower, reflecting the net negative impact of the COVID-19 pandemic revenue momentum improved during the period and has continued into the second half to date.Statutory Profit before Taxation reduced by 9%. Revenue and Adjusted 1 Profit before Taxation declined by 5%, both including a 6% positive contribution from prior year acquisitions.A resilient performance with a continued focus on the long-term sustainability of our business supported by our positive purpose, the strength of our culture and our agile business model.Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future, today announces its half year results for the 6 months to 30 September 2020. Resilient performance and continued dividend growth Environment Commitment Statement and Supplier Statement. ![]() Our sustainability approach and progress.Our markets and their long term growth drivers. ![]()
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