Halma on track
29th Jul 2010 08:39
Electronic sensors firm Halma says trading since the start of the financial year has been strong and is in line with expectations. In the first quarter, revenue was 8% ahead of last year and included a positive benefit of less than 1% from currency translation. Order intake was comfortably ahead o
Read moreHalma 1Q Trading In Line With Views, Rev Up 8%
29th Jul 2010 07:27
LONDON (Dow Jones)--Halma PLC (HLMA.LN), a safety, health and sensor technology group said Thursday trading since the start of the financial year has been strong and is in line with the board's expectations, and said the first quarter, revenue was 8% ahead of last year and included a positive benefi
Read moreLancashire non-exec sells all his shares
7th Jul 2010 17:06
Lancashire Holdings non-executive director Barry Volpert's private equity firm Crestview has sold all of its common shares in the property, aviation and marine insurer. The latest disposal generated £22m and takes the amount raised by Crestview in the past fortnight to more than £29m. Crestview s
Read moreHalma Buys Back 586,572 Shares
7th Jul 2010 09:50
LONDON (Dow Jones)--Halma PLC (HLMA.LN) said Wednesday it has purchased 586,572 of its ordinary shares on July 6 at an average price of 271.034 pence per share. MAIN FACTS: -The purchased shares will be held as treasury; Halma holds 1.1 million shares as treasury shares. -Shares at 0848
Read moreSunday tips round-up: Resolution, Halma, Berkeley
27th Jun 2010 12:37
It's fair to say that Resolution brings a little bit of glamour to an industry best known for grey-suited number crunchers. The insurance buy-out vehicle first emerged in 2008 and was set up to drive consolidation in the UK life industry. The company, which was founded by the colourful entrepreneur
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 09:54
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0854 GMT [Dow Jones] UBS raises Halma (HLMA.LN) price target to 280p from 260p, saying it views the company's new margin rang
Read moreMARKET TALK: UBS Raises Halma Price Target
23rd Jun 2010 09:54
0854 GMT [Dow Jones] UBS raises Halma (HLMA.LN) price target to 280p from 260p, saying it views the company's new margin range as positive for the investment case. Notes Halma is breaking with tradition and opting for margins of 'at least 18%.' "With volumes recovering, we expect 20.4% margins to be
Read moreMARKET TALK: Goldman Sachs Nudges Up Halma Price Target
23rd Jun 2010 09:42
0842 GMT [Dow Jones] Goldman Sachs nudges up Halma (HLMA.LN) price target to 319p from 314p. Says the company's annual results are broadly in line. Sees the new margin guidance from Halma as a small net positive, signaling confidence over retention of cost saving measures taken during FY '09/'10. Ho
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 09:42
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0842 GMT [Dow Jones] Goldman Sachs nudges up Halma (HLMA.LN) price target to 319p from 314p. Says the company's annual result
Read moreWednesday tips round-up: Halma, Chemring, Grainger
23rd Jun 2010 06:43
Halma, which specialises in hazard detection and "life protection" technology, looks in rude health itself these days, although it did have to undergo some painful cuts to get here. Its products include smoke detectors and safety sensors for lifts and automatic doors, water disinfection systems and
Read moreLondon close: Lower finish after budget
22nd Jun 2010 16:40
The budget did little to change the overall direction of the leading share index, which fell in early dealings and remained stuck in the red, though there was movement in specific sectors. A widely expected rise in Capital Gains Tax (CGT) was implemented, with higher rate payers to pay 28% from mid
Read moreUK SMALLCAP ROUNDUP: UK Govt To Launch GBP37.5M Growth Fund
22nd Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps THE U.K. government announced Tuesday in its emergency budget it will launch an Enterprise Capital Fund to support fast-growing small businesses. The
Read moreLondon afternoon: Market takes tax hikes on chin
22nd Jun 2010 14:17
Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building
Read moreBroker tips: Whitbread, Halma
22nd Jun 2010 13:23
The interim management statement from hotels, restaurants and coffee shops owner Whitbread was exceptionally strong, Panmure Gordon said, with encouraging signs of a turnaround at Premier Inns. "Encouragingly, Premier Inn LFL [like for like] RevPar [revenue per available room] has increased 9.1% ov
Read moreBroker snap: Halma's divi growth record looks safe
22nd Jun 2010 13:10
Stronger than expected cash generation should ensure that Halma's 31 consecutive years of dividend growth in excess of 5% per year should be extended, broker KBC Peel Hunt predicts. The broker notes that the cash generation will add about £100m about to the war chest of a company that has not been
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