Security

Halma Fire Safety Businesses & 2024 Financials Examined

This Research Note examines the fire detection and suppression businesses of Halma plc, part of the Safety Sector of the UK public company. This analysis is based on financial releases, investor presentations, year ending 31 March 2024, announced on 13th June 2024, and Memoori analysis of the major companies and estimated revenue mix of the Fire Safety business line. Our previous coverage of Halma can be found here. Halma Safety Sector Halma is a group of nearly 50 small to medium-sized specialist technology companies. 21 companies are part of their Safety sector protecting people, assets, and infrastructure in commercial, industrial, and public spaces. The Safety sector has 4 sub-sectors, Public Safety; Fire Safety; Worker Safety, and Infrastructure & Asset Safety. The sector accounts for 41% of group turnover in FY2024. Halma Full Year Results 2024 Presentation, 13th June 2024 FY2024 revenue growth of 10.5% in the Safety Sector was broadly spread across markets and regions, […]

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