The technology company proposed a total dividend of
Halma posted a pretax profit of
The company's results for the previous year were restated to reflect changes in accounting for its defined-benefit pension plans.
In Halma's Process Safety division, revenue rose 1%, as the company added new products for pressure relief in shale gas production, and a wide-area gas detector system.
In Infrastructure Safety, revenue rose 7%, driven by new product launches and growth in the company's wireless smoke detectors in the US, and its new safety sensors for automatic swing doors.
Revenue in its Medical sector rose 20%, boosted by contributions from acquisitions in the previous year, including
In the Environmental & Analysis sector, revenue rose 9%, following some re-organisation in the first half of the year. Halma consolidated to of its optical coating business facilities in the US, and opened a Chinese subsidiary of its main photonics business.
In this sector, revenue rose 53% in the
Halma said it would continue with its strategy of investing in new products, people and international expansion. As a result, the company's research and development costs rose 5% to
Looking ahead, Halma said it expects a "varied trading environment" to continue, including challenges from the strengthening of sterling.
The company said that the restructuring of its executive board to align it better with its four operating sectors has given it a clearer focus, which it said will help it to achieve its longer-term strategic objectives.
Shares in Halma were trading up 2.5% at
Most Popular Stories
- Americans Still Pessimistic Despite Economic Growth
- GE Capital and Petters-Related Fund in Legal Battle
- Even With Surly 2014 Electorate, It's 'Still an Incumbent's World'
- California Conservation Conundrum: Water Use Varies Greatly Across State
- Combating Online Abuse Not Easy for Gamers
- Feds Want Nuclear Waste Train, but Nowhere to Go
- Detroit Raced Toward this Week's Bankruptcy Trial
- New Hershey's Logo Revealed
- Buyer's Remorse on Common Core for Policymakers?
- Obama on Labor Day: Don't Take Rights for Granted