Halma organic revenue, order intake up in first half

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Health, safety and environmental electronics equipment maker Halma said it had posted higher revenue on an organic and constant currency basis during the first half of its financial year.

The company said that its performance since 1 April had been line with its expectations.

The growth in revenue had come against a strong comparative period in the first half of 2019.

Order intake was ahead of revenue and was also ahead of the same period last year, the company added.

'There was widespread growth geographically, with organic constant currency revenue increases in all major regions,' Halma said. 'There were good rates of growth in the UK and the US, with more moderate growth in Europe and Asia-Pacific.'

A weaker pound was having a positive currency translation effect on the company's results, Halma added.

At 1:35pm: (LON:HLMA) Halma PLC share price was -62p at 1910.5p