Halma reports rise in Q1 revenue and order intake
21st Jul 2016 09:44
(ShareCast News) - FTSE 250 safety, health and environment technology group Halma reported a rise in first-quarter revenues and order intake and said the weaker pound could provide a boost. In a trading update for the quarter ended 2 July, the company said it has continued to make good progress in l
Read moreWednesday broker round-up
15th Jun 2016 15:32
(ShareCast News) - Arrow Global Group: Goldman Sachs reiterates buy with a target price of 340p. Crest Nicholson: JP Morgan keeps at overweight with a 700p target. Shire: Exane BNP Paribas stays at outperform with a target price of 5700p and Jefferies keeps at buy with a target price of 5500p. Woo
Read moreHalma full year boosted by strong revenue growth
14th Jun 2016 07:12
(ShareCast News) - Health and safety technology company Halma said full year pre-tax profits rose 2% to £136.3m as revenues jumped 11% to £807m. The revenue increase included 6% in organic constant currency growth and a 2% favourable currency impact. Adjusted profit rose by 8% to £166.0m including 3
Read moreBroker tips: Inmarsat, Halma, Taylor Wimpey
17th May 2016 15:07
(ShareCast News) - Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning. The Swiss bank admitted its positive view over the past 18 months on the outlook for global satellite revenue growth has proved overly o
Read moreUBS downgrades Halma on valuation grounds
17th May 2016 11:04
(ShareCast News) - UBS has downgraded Halma to 'sell' from 'neutral' with the health and safety technology group's shares tottering at 25-year highs and at a 49% premium to the engineering sector. "If the world is better than expected Halma will likely underperform versus the group as it is less cyc
Read moreBroker tips: Smith & Nephew, Pennon, Halma
11th Feb 2016 11:55
(ShareCast News) - Smith & Nephew shares plunged on Thursday after UBS downgraded the company to 'neutral' on concerns about margin expansion. The investment bank said in a note that it has previously rated the company at 'buy' on the opportunity for margin expansion driven by a recovery in the Woun
Read moreHalma a 'hold' after trading update, says Investec
11th Feb 2016 09:39
(ShareCast News) - Halma's strong performance should not come as a surprise to investors, Investec said on Thursday following the company's trading update. The safety, health and environmental technology group said, based on current trading and forecasts, it expected adjusted profit before tax for t
Read moreFriday broker round-up
5th Feb 2016 15:07
(ShareCast News) - Enterprise Inns: Barclays downgrades to underweight with a target of 80p. Thomas Cook: HSBC reiterates hold with a target price of 100p and JP Morgan keeps at overweight with a 170p target. Victrex: Deutsche Bank keeps at hold, 2000p target, UBS maintains neutral with a target
Read moreBroker tips: BG Group, Halma, Enterprise Inns
5th Feb 2016 13:45
(ShareCast News) - Nomura reiterated its 'buy' rating and target price of 1150p on BG Group after the company reported a rise in full-year earnings. Pre-tax profits came to $2.97bn (£2bn) in 2015, compared with a loss of $2.3bn the previous year, despite the impact of falling oil prices. In the fin
Read moreHalma's CenTrak acquisition to boost earnings, says Investec
5th Feb 2016 11:56
(ShareCast News) - Halma's shares climbed on Friday as Investec said its acquisition of CenTrak will add to revenue and profit growth in 2016. The healthcare devices maker is paying $140m (£96.3m) for CenTrak, a Pennsylvania-based maker of sensors, from private shareholders. "CenTrak bears the hall
Read moreHalma acquires US-based CenTrak
5th Feb 2016 07:46
(ShareCast News) - Halma made a fresh foray into the United States on Friday, acquiring Pennsylvania-based CenTrak from private shareholders. Total cash consideration for the deal was $140m (£96.3m), adjustable dollar for dollar if net assets turned out to be more or less than a pre-determined amoun
Read moreCredit Suisse adds Travis Perkins, Whitbread, Imperial Tobacco and Halma to top picks
21st Jan 2016 16:25
(ShareCast News) - Analysts at Credit Suisse reshuffled their deck of top outperformers and underperformers on Thursday. In its report, the broker summarised analysts' most and least favoured stocks in each sector, which were usually limited to 20% of each one's coverage universe. The Swiss broker
Read moreHalma to buy Spain's Visiometrics for up to €125m
17th Dec 2015 07:38
(ShareCast News) - Safety, health and environmental technology group Halma has acquired Spain-based Visiometrics from private shareholders and Atlas Capital for a maximum total consideration of €125m (£90.8m), in a deal that is expected to be earnings-enhancing within the first year of ownership. Vi
Read moreHalma posts solid half year growth across the board
17th Nov 2015 09:03
(ShareCast News) - Safety, health and environmental technology group Halma has posted a growth in half-year profit after an increase in revenue across all its divisions. The FTSE 250 listed company posted its interim results for the 27 weeks to 3 October on Tuesday. Revenue had increased 11% on the
Read moreHalma interim profits up on strong revenues; sees strong order intake
17th Nov 2015 08:07
(ShareCast News) - Safety, health and environmental technology group Halma said first half pre-tax profits rose 5% £64.2m, while revenues were up 11% to £380m. Organic revenue growth at constant currency was up 7%. Adjusted profit before tax was up to £74.7m from £69 a year earlier. Revenue from ou
Read more