Halma plc
Trading update
12 March 2026
Halma, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today releases its scheduled trading update ahead of its financial year end on 31 March 2026.
Further strong progress in the second half, consistent with existing guidance
We have made further strong progress in the second half of this financial year to date, consistent with the upgraded guidance given in our Half Year results published in November 2025. This progress further extends our track record of delivering strong, compounding growth and returns, and puts us on course to deliver our 23rd consecutive year of record Adjusted profit1.
While our companies continue to experience varied conditions in their end markets and operate in an increasingly uncertain economic and geopolitical environment, we have delivered broad-based growth across the Group as we continue to benefit from the strengths inherent in our Sustainable Growth Model. These include our participation in diverse end markets where growth is supported by long-term growth drivers, the autonomy and agility our Model provides our companies to respond rapidly to changing market conditions, and the alignment of our exceptional talent across the Group behind our purpose of growing a safer, cleaner, healthier future for everyone, every day.
Based on our progress in the year to date and our current expectations for the remainder of the year, we continue to expect that we will deliver, in the year as a whole, mid-teens percentage organic constant currency2 revenue growth, including a continued benefit from premium growth in photonics within the Environmental & Analysis Sector, and an Adjusted EBIT margin3 (excluding the one-off profit in the first half) of around 22%4. We also expect our full year cash conversion to be in line with our KPI of 90%, supporting our ongoing strategic investment in future organic growth and in acquisitions, and ensuring that we maintain a strong financial position.
This guidance is supported by order intake which remains ahead of both revenue in the year to date and the comparable period last year.
The appreciation of Sterling is expected to have a negative currency translation effect on the Group’s results5.
Record investment in acquisitions; healthy acquisition pipeline
We have completed five acquisitions in the year to date, three since the half year ended 30 September 2025, across the Group’s three sectors, with a record £451m invested (on a maximum total consideration basis6). We continue to have a healthy acquisition pipeline across all three sectors.
Full Year Results
The Group’s results for the year ending 31 March 2026 will be released on 11 June 2026.
For further information, please contact:
Halma plc
Marc Ronchetti, Group Chief Executive +44 (0)1494 721 111
Carole Cran, Chief Financial Officer +44 (0)1494 721 111
Melanie Horton, Co-Head of Investor Relations +44 (0) 7554 013 396
Charles King, Co-Head of Investor Relations +44 (0) 7776 685 948