Halma Full Year 2024 Earnings: Beats Expectations

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).

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%.

The primary driver behind last 12 months revenue was the Safety segment contributing a total revenue of UK£823.8m (40% of total revenue). Notably, cost of sales worth UK£1.02b amounted to 50% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£412.8m (56% of total expenses). Explore how HLMA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.

Performance of the British Electronic industry.

The company's shares are up 1.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Halma's balance sheet and an in-depth analysis of the company's financial position.

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