StockMarketWire.com - Halma reported a 12% rise in half-yearly profit as acquisitions and stronger performance in its infrastructure safety and environmental & analysis businesses boosted growth.

For the 6 months to 30 September 2019, pre-tax profit rose 12% to £105.8m on-year and revenue increased by 12% to £653.7m, led by 38% jump in growth in the US.

Infrastructure safety revenue increased by 18% to £232.9m and environmental & analysis revenue rose by 14% to £163.7m.

The interim dividend increased 7% to 6.54p a share.

Since the period end, order intake had continued to be ahead of revenue and order intake last year, and the company remained on track to make further progress in the second half of the year and deliver another 'good' full year performance, Halma said.

At 8:29am: [LON:HLMA] Halma PLC share price was +163.5p at 2062p



Story provided by StockMarketWire.com