Halma (LON:HLMA) Posts Earnings Results

Halma (LON:HLMA) issued its quarterly earnings results on Thursday. The company reported GBX 114.05 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Halma had a net margin of 14.63% and a return on equity of 13.73%. The business had revenue of GBX 258.23 billion for the quarter.

Here are the key takeaways from Halma’s conference call:

• Halma reported its 23rd consecutive year of profit growth, with strong broad-based organic growth across all three sectors and record levels of investment in R&D and acquisitions.
• FY2026 performance was well ahead of targets, including 16.2% organic revenue growth, 19% organic EBIT growth, 22.7% EBIT margin, and 21% EPS growth.
• The Safety sector delivered a third straight year of double-digit organic profit growth, with margin reaching a record 26.8% and acquisitions like E2S and Safetec broadening the portfolio.
• Photonics was a major growth driver, contributing about eight percentage points to group organic growth and helping E&A revenue rise strongly; management expects around 30% growth again in FY2027, though at a lower rate than last year.
• For FY2027, Halma expects low double-digit organic constant-currency revenue growth and an adjusted EBIT margin broadly in line with FY2026, while continuing to prioritize reinvestment, M&A, and portfolio management.

Halma Stock Down 15.6%

HLMA stock opened at GBX 3,916 on Thursday. The company has a market cap of £14.79 billion, a P/E ratio of 42.82, a P/E/G ratio of 2.93 and a beta of 0.97. Halma has a 52 week low of GBX 3,078 and a 52 week high of GBX 4,902. The company’s 50-day moving average price is GBX 4,427.66 and its 200 day moving average price is GBX 3,954.36. The company has a current ratio of 2.18, a quick ratio of 1.51 and a debt-to-equity ratio of 43.44.

Analyst Upgrades and Downgrades

HLMA has been the topic of a number of recent analyst reports. UBS Group reiterated a “buy” rating and set a £47,750 price target on shares of Halma in a research note on Friday, June 5th. Shore Capital Group reiterated a “hold” rating on shares of Halma in a research note on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of £5,338.78.

About Halma

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.