Halma Achieves Record Revenue, Boosts Dividend for 46th Year

⁤Updated June 12, 2025

Halma,⁢ the 130-year-old FTSE 100⁢ safety and equipment firm, announced a record year, driven by its​ diversified business model and strategic acquisitions. The company’s revenue jumped 11% to £2.2 billion, with profit before tax rising to £411.2 million from £367.9 million the previous year.

The company cited broad ⁤growth across markets and regions, with its environmental and⁤ Analysis division seeing an 18%⁢ revenue increase due to “exceptional‌ growth in photonics.” Healthcare experienced a more modest 3.2% increase,driven by⁣ improvements in the second half of the year. Halma’s return on total invested capital rose 60 basis‍ points to 15%, exceeding its 12% target.

The Amsterdam-based business increased its dividend⁣ by 7%, ⁣marking its 46th consecutive year of dividend growth of at least 5%. This consistent dividend growth ‌underscores Halma’s commitment to delivering shareholder value.

Strong cash ​conversion, reaching 112%, provided Halma with excess cash for⁣ further investment in research and development ​and strategic acquisitions.⁢ The company invested over ‌£108⁢ million​ in​ R&D and completed seven takeovers for a total consideration of ⁢£157 million,demonstrating its commitment to future growth and ⁢market ⁢leadership in safety equipment.

“This has been another triumphant year for Halma, reflecting the contributions and commitment of everyone in the Group,” said Marc Ronchetti, group chief executive. “We delivered record revenue and profit, with strong margins and cash⁢ generation, and increased‍ returns on capital. We achieved our 22nd consecutive year of​ profit growth, and delivered‍ our ⁣46th consecutive year of dividend growth of 5 per cent or ‌more.”

What’s ‌next

With a healthy pipeline of potential acquisitions⁣ and continued investment in research ⁢and​ development, Halma is poised for further growth and innovation in the ‌coming year. ⁤The company’s diversified business model and strategic focus on safety, analysis, ⁣and healthcare ⁢position it well to navigate a challenging global landscape and deliver enduring value​ to its stakeholders.