Stock Analysis

Halma Full Year 2024 Earnings: Beats Expectations

LSE:HLMA
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Halma (LON:HLMA) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£2.03b (up 9.8% from FY 2023).
  • Net income: UK£268.8m (up 15% from FY 2023).
  • Profit margin: 13% (in line with FY 2023).
  • EPS: UK£0.71 (up from UK£0.62 in FY 2023).
earnings-and-revenue-growth
LSE:HLMA Earnings and Revenue Growth June 15th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Halma Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.

Performance of the British Electronic industry.

The company's shares are up 15% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Halma's balance sheet.

Valuation is complex, but we're helping make it simple.

Find out whether Halma is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we're helping make it simple.

Find out whether Halma is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

About LSE:HLMA

Halma

Together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally.

Solid track record with excellent balance sheet.