Return on Sales is defined as adjusted 1 profit before taxation from continuing operations expressed as a percentage of revenue from continuing operations.Total dividend paid and proposed per share, comprising interim dividend of 7.35p per share and proposed final dividend of 11.53p per share.Adjusted to remove the amortisation of acquired intangible assets, acquisition items, profit or loss on disposal of operations and the associated taxation thereon and, in 2022, the increase in the UK’s corporation tax rate from 19% to 25%.Adjusted to remove the amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations, totalling £11.8m (2020/21: £25.4m).We are well positioned to make further progress in the full year and in the longer-term.” We expect to deliver continued growth and maintain high returns in the 2022/23 financial year, with good single digit percentage organic constant currency revenue growth and a Return on Sales similar to the second half of the 2021/22 financial year. We have a strong order book, and order intake in the year to date is ahead of revenue and in line with the very strong intake in the same period of the prior year. We have made a positive start to the new financial year. Our strong performance reflects huge credit on the dedication of our people across the business, and was underpinned by our empowering purpose and culture, our focus on niche markets with long-term, fundamental growth drivers and the high value of the solutions we provide to our customers. Halma’s Sustainable Growth Model enabled our companies to act with agility to address new market opportunities and to respond rapidly to the multiple operational and economic challenges they faced during the year. We delivered our 19th consecutive year of record profit, and our 43rd consecutive year of dividend growth of 5% or more, while substantially increasing strategic investment including further strengthening our leadership, teams and culture to support our future growth. “This was a year of notable achievements for Halma, with revenue exceeding £1.5bn and profit £300m for the first time. Total dividend per share for the year up 7% 43 rd consecutive year of dividend growth of 5% or more.Īndrew Williams, Group Chief Executive of Halma, commented:.Solid cash conversion of 84% and a strong balance sheet, with net debt/EBITDA of 0.74x (2021: 0.76x), supporting investment in organic growth and acquisitions.13 acquisitions completed in the year for a total maximum consideration of £164m one further acquisition completed since the period end for £37m a healthy acquisition pipeline across all sectors.R&D expenditure up 21%, representing 5.6% of revenue.Substantially increased strategic investment to support our future growth:.Continued strong returns: Return on Sales 4 of 20.7% and ROTIC 5 of 14.6%.Strong organic constant currency 6 revenue and profit growth in all three sectors and all major regions.Statutory Profit before Taxation up 20% includes a £34.0m gain on the Texecom disposal.19th consecutive year of record profit: Adjusted 1 Profit before Taxation up 14% 15% on an organic constant currency 6 basis.Record revenue, up 16%, and 17% on an organic constant currency 6 basis.Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone, every day, today announces its full year results for the 12 months to 31 March 2022. Environment Commitment Statement and Supplier Statement.Our sustainability approach and progress.Our markets and their long term growth drivers.Learn how your comment data is processed. Around two-thirds of the company’s revenue comes from business in the Americas, while 15% comes from Europe. The company’s ROVs are used for underwater inspection and tasks in a variety of industries, including aquaculture, infrastructure, energy, search and recovery, commercial diving, defense and ocean science.ĭeep Trekker brought in over $15 million in 2021, with a return on sales above Halma’s target range of 18%-22%. The Pivot ROV can run for up to three hours, while the Revolution ROV can run for up to six. Deep Trekker will be managed as a standalone company and will join Halma’s Environmental and Analysis sector.ĭeep Trekker’s line of underwater ROVs include the DTG3 ROV, which can reach a max depth of 200 m and has a battery life of up to eight hours, as well as two ROVs that can reach up to 305 m but have shorter battery lives. Halma PLC has acquired Deep Trekker, an Ontario, Canada-based developer of submersible robots, for around $47 million on a cash and debt free basis. Deep Trekker’s DTG3 ROV exploring an underwater shipwreck.
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