Halma

Halma plc (LSE: HLMA) is a FTSE 100 global group of life-saving technology companies headquartered in Amersham, UK. Founded in 1894, Halma has evolved into a diversified conglomerate focused on providing innovative products and services in the safety, health, and environmental markets. The company was listed on the London Stock Exchange in 1972 and joined the FTSE 100 index in 2017.

Halma operates through a portfolio of approximately 45 autonomous companies across three main sectors:

• Safety: Products include gas detection systems, elevator safety devices, automatic door sensors, and pipeline management solutions.

• Health: Offerings range from microsurgical instruments for eye health to fluid handling equipment for medical applications.

• Environment: This segment provides water analysis and treatment technologies, as well as instruments for measuring environmental pollution.

The company's decentralized business model allows each operating company to maintain its own board of directors and brand identity while benefiting from Halma's financial resources and expertise. This structure enables agility in responding to customer needs and drives innovation across the group.

Halma has demonstrated consistent financial performance, reporting its 21st consecutive year of record profits in March 2024. For the fiscal year ending March 31, 2024, the company achieved revenues of GBP 2 billion and a pre-tax profit of GBP 340 million. Halma maintains a strong acquisition strategy, completing eight acquisitions in the 2024 financial year for a total of GBP 299 million. The company has also increased its dividend for 45 consecutive years, underlining its status as a dividend aristocrat.