Thursday preview: Halma, Carphone Warehouse
13th Jun 2012 18:01
Safety, health and sensor technology group Halma is one of those steady-Eddie companies that rarely makes waves. Thursday's full year results should see the company continue its impressive record of consistent double-digit percentage growth. The consensus market forecast is for earnings per share
Read moreHalma acquires medical technology firm
31st May 2012 12:03
Safety, health and sensor technology group Halma has acquired SunTech Medical Group, which supplies clinical grade non-invasive blood pressure monitoring products and technologies. The company was purchased for an initial consideration of $46m (£29.7m) for the share capital alongside $5.0m (£3.2m)
Read moreWednesday broker round-up - UPDATE
2nd May 2012 08:37
BP: Jefferies cuts target from 550p to 525p, buy rating kept. British Sky Broadcasting: Jefferies reiterates hold rating and 700p target; Nomura maintains buy rating and 1,000p target. CSR: UBS upgrades from neutral to buy, target lifted from 290p to 310p. Halma: Barclays Capital downgrades from
Read moreThursday broker round-up
16th Feb 2012 09:36
Anglo American: AlphaValue upgrades to buy from add and raises its price target to 3,331.4p from 3,340.2p; Nomura resumes coverage with neutral rating and 3,300p target. Kingfisher: Panmure Gordon maintains buy rating and 350p target. Reed Elsevier: Peel Hunt keeps hold rating and 556p target; Pan
Read moreHalma on target, helped by acquisitions
16th Feb 2012 07:12
Sensor maker Halma said it expects full year profit before amortisation of acquired intangibles and acquisition costs to be in line with market expectations as its health and analysis sector put in a stellar performance. Halma, which makes handheld devices used to assess eye health and diagnose dis
Read moreWednesday broker round-up - UPDATE
23rd Nov 2011 09:22
Compass: Seymour Pierce reiterates buy rating and 650p target. Compass: Investec maintains buy and 630p target. Compass: Evolution Securities keeps buy rating and 640p target. Meggitt: UBS downgrades from neutral to sell, target cut from 340p to 330p. SABMiller: Investec upgrades from hold to bu
Read moreHalma confident of more progress in second half
22nd Nov 2011 19:13
All three divisions at Halma, the safety, health and environmental technology group, increased revenue and profits at the half-way point of the year, though the Infrastructure Sensors business was outshone by the other two divisions. Revenue from continuing operations in the 26 weeks to October 1st
Read moreRevenue rises at Halma, but pre-tax profit falls
22nd Nov 2011 09:19
Halma, the safety, health and environmental technology group, saw its revenue rise 12%, but cost increases led to almost a 50% fall in profit before taxation. Revenue grew from £49.3m to £57.5m on a like-for-like basis, while total pre-tax profit fell from £98.3m to £51.3m. Andrew Williams, chie
Read moreAcquisitions boost Halma's revenue
28th Jul 2011 07:30
Halma, the safety, health and environmental technology group, is to unveil a 14% year-on-year increase in its first quarter revenue at its annual general meeting on Thursday. Company chairman, Geoff Unwin, said: "Trading since the start of the financial year has been in line with the board's expec
Read moreHalma non-exec cashes in
12th Jul 2011 15:31
Non-executive director Richard Stone has offloaded some shares in the engineering conglomerate Halma, taking advantage of strength in the price following last month's full year figures. He sold 10,000 shares at 418.7p each, pocketing a total of £41,870. Following the sale, he still has 10,000 sha
Read moreTuesday tips round-up: Ladbrokes, Michael Page, Halma
12th Jul 2011 06:42
Ladbrokes' shares have suffered this year, by comparison with its main quoted peer, William Hill. One reason for this is William Hill's symbiotic relationship with the gaming IT company Playtech, capitalising on its high quality online and mobile gaming services. The shares do not look expensive, sa
Read moreWednesday tips round-up: Capita, Halma, Northumbrian Water...
29th Jun 2011 06:36
Capita bosses were doing the Lambeth walk yesterday as they picked up a £60m, 10-year contract with the London borough to deliver a range of services. The scope of the deal could be widened to make it worth up to £300m over time. While others reliant on Government work for revenues have been feeling
Read moreCookson chairman buys after rally
28th Jun 2011 17:49
The chairman of ceramics, electronics and precious metals supplier Cookson Jeffrey Harris has increased his holding in the company by 50%, spending more than £60,000 on shares. He took 10,000 shares at 616.2p a go and now has 30,000. Shares in the company have rallied sharply since his last purchas
Read moreWednesday tips round-up: Whitbread, Capital Pub, Chemring
22nd Jun 2011 06:33
Costa Coffee and Premier Inn owner Whitbread had indicated at the time of its preliminaries in April that the pace of growth was slowing. Some brokers hope for a bid from private equity, but others worry about further weakness in the regional hotel trade. On almost 13 times' this year's earnings, fu
Read moreHalma beefs up FY pre-tax profit
21st Jun 2011 07:20
Engineering conglomerate Halma reported a robust set of full year figures and said it will continue to focus on potential acquisitions. The acquisitive engineer said pre-tax profit from continuing operations rose to £104.6m in the year ended 2 April 2011 from £86.2m in 2010. Revenue for the period
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