This Research Note examines the fire and security business of Halma plc and the financial results and acquisition strategy of their Safety Sector, year ending 31 March, announced on 15th June 2023. This analysis is based on financial releases, investor presentations and their Annual Report. Halma is a group of around 50 life-saving technology companies. One of three broad sectors in which the UK public company operates, Halma Safety Sector (40% of group turnover) protects commercial, industrial and public buildings through fire safety systems and sensors for security, elevator safety and access control. Established through the acquisitions of Apollo Fire Detectors, Advanced Electronics, FFE and Firetrace businesses, the sector benefits from a long-term focus on the fire detection market, with a strong presence in the UK and Europe. Halma Safety Sector Financial Performance Revenue of £745.6m (2022: £641.4m) was 16.2% higher than in the prior year. Year-on-year revenue growth on an organic constant currency basis […]