Halma 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 moreHalma acquires US fire detection and suppression business
6th Oct 2015 07:38
(ShareCast News) - Halma has acquired Firetrace USA in a $110m (£72.8m) deal. The safety, health and environmental technology group announced on Tuesday it will purchase the Arizona-based company from private shareholders. Firetrace designs and manufactures automatic fire detection and suppression
Read moreHalma posts H1 strong order intake, trading in line
23rd Jul 2015 10:41
(ShareCast News) - Health and safety technology group Halma said it continued to achieve organic revenue growth during the first quarter of the financial year thanks to order intake and a favourable currency impact. The company said its order intake has been ahead of revenue and it enjoyed a positiv
Read moreJefferies starts Halma at 'buy'
30th Jun 2015 14:27
Jefferies initiated coverage of Halma at 'buy' with an 880p price target. It said the core attractions are sector-leading returns, strong market shares in niches with clear long-term structural drivers and an innovative business model. "The many subsidiaries, for some, make it a more difficult busi
Read moreHalma's full-year profit dips despite record revenue
11th Jun 2015 08:20
Halma reported record revenue in its full-year results, but slightly lower profit, as costs related to restructuring and acquisitions provided a drag. Pre-tax profit dipped 4% to £133.6m for the 12 months to 28 March, from £138.7m over the same period a year earlier. This comes as a 7% swell in rev
Read moreWednesday tips round-up: Babcock International, Halma
11th Feb 2015 09:24
Some of the frothiness has now come out of the share price of engineering support services firm Babcock International, making them a buy, says The Times's Tempus. Investors are chiefly worried about the implications for its business of the looming elections. However, concerns regarding its exposure
Read moreHalma on track to hit full-year profit targets
10th Feb 2015 10:12
Health, safety and environmental tech group Halma expects pre-tax profit to be in line with full year expectations based on current trading and forecasts. The second half of the financial year, ending 28 March 2015, is expected to continue the trading patterns established in the first half, with org
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