HALMA PLC (HLMA)

HALMA PLC (HLMA)

Blog posts

GB Group, Patisserie Holdings, FRC Stewardship Code and Halma

The stock market seems to be in limbo as business waits to see the outcome of Brexit politics. In my portfolio, small cap companies are drifting down and even...

Halma (HLMA) and Return on Capital

Recently, I talked about Diploma (DPLM) and their calculation of adjusted return on capital. This morning Halma (HLMA) published their half year results and they also have a strong emphasis on return on capital, but in this case they call it “ROTIC” (Return On Total Invested Capital). This was down slightly at 13.4% and they define it as Adjusted Profit After Tax divided by Total Invested Capital. The latter is shareholders funds, plus retirement benefit obligations, less deferred tax assets, plus ...

AGM Reports

Halma (HLMA) AGM Report 2025

This article reflects the opinions of its author and not necessarily those of ShareSoc.  Location  The Offices of The King’s Trust, Cavendish Square, London. (Close to Oxford Street tube station.)   Structure  Coffee & biscuits in the main reception area with plenty of annual reports available to browse (for those strong enough to pick them up!). 30 minutes before the AGM start time, Halma officials flooded into this area and made a point of speaking to other attendees.    Meeting – The Chair introduced the directors, then ...

Halma (HLMA) AGM 2017

Yesterday (20/7/2017), I attended the Annual General Meeting of Halma Plc (Halma). Not exactly a household name so you may not know what they do. In summary, they have a “diversified portfolio of businesses” that are focussed on safety, health and environmental products. Lots of niche businesses in growth sectors and they define their segments as Medical, Infrastructure Safety, Environmental & Analysis, and Process Safety. Revenue last year was £961 million, with post tax profits of £129 million. What attracted me to ...