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Halma p.l.c. Half year report 2008


Making a difference



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Financial Highlights

CONTINUING OPERATIONS CHANGE 2008/09 2007/08(5)
Revenue +19% £221.7m £186.2m
Adjusted profit before taxation(1) +17% £39.0m £33.4m
Statutory profit before taxation +13% £35.6m £31.4m
Adjusted earnings per share(2) +20% 7.52p 6.28p
Statutory earnings per share +15% 6.85p 5.94p
Interim dividend per share +5% 3.15p 3.00p
Return on sales(3)   17.6% 17.9%
Return on total invested capital(4)   14.7% 13.9%
Return on capital employed(4)   57.1% 58.5%

Pro-forma information:

  1. Adjusted to remove the amortisation of acquired intangible assets of £3,399,000 (2007/08: £1,968,000).
  2. Adjusted to remove the amortisation of acquired intangible assets. See note 4 for details.
  3. Return on sales is defined as adjusted(1) profit before taxation from continuing operations expressed as a percentage of revenue from continuing operations.
  4. Organic growth rates, Return on capital employed (ROCE) and Return on total invested capital (ROTIC) are non-GAAP performance measures used by management in measuring the returns achieved from the Group's asset base. See note 9 for details.
  5. The comparative figures for 2007/08 as previously reported have been amended to account for the disposal of Post Glover Lifelink, Inc as a discontinued operation. See note 8 for details.

Halma operates in global markets offering
long-term growth underpinned by robust
growth drivers. Our products help to provide
innovative solutions for many of the key
issues facing the world today:

A dry lake bed

Demand for energy and water resources

A crowd in India

Growth in population, ageing and urbanisation


A surgeon operating

Increasing demand for healthcare

A worker in a refinery

Rising expectations of health and safety