News

Halma reveals new brand with a redesigned global website

24 June 2019

Halma plc, a global group of life-saving technology companies, announced today the launch of its new corporate brand, redesigned logo and global website.

“Halma’s purpose and growth strategy are dependent on us partnering with others who want to solve the same problems that we do, whether that’s researchers, charities, talent, investors or corporates. Our new brand is designed to help us achieve this, and we hope it will act as a beacon for other innovative, purpose-led organisations and people who’d like to help us in growing a safer, cleaner, healthier future for everyone, every day,” said Jennifer Ward, Halma’s Group Talent and Communications Director.

Halma partnered with design consultancy, Pentagram, to create a modern brand that reflects Halma’s purpose. The FTSE 100 global group also worked with digital communications agency, Investis Digital, to deliver a website that celebrates the unique combination of purpose, strategy, culture and a business model that differentiates Halma from its peers.

The new website provides a platform to showcase Halma’s over 40 companies and their impact on the world.

On 21 June, Halma published its 2019 Annual Report and Accounts, embodying the new brand and demonstrating some of the ways Halma is achieving its purpose.

Earlier this month, Halma reported record revenue and profit for the 16th consecutive year and the 40th consecutive year of dividend growth of five percent or more. You can read the full year results here.

Halma acquires leading Australian fire and evacuation systems company

21 June 2019

Halma has acquired Ampac, a leading fire and evacuation systems supplier in the Australian and New Zealand markets.

Founded in 1974, Ampac is headquartered in Perth, Australia, and has a strong global presence, with businesses in Australia, New Zealand and the UK.

Ampac brings strong brand equity, robust technology, and established routes to market. Its fire detection systems are highly complementary to our existing portfolio of market-leading fire companies, and its voice evacuation panels, sounders and beacons will help extend the intellectual property of our business.

The acquisition supports our strategy of growing our geographic footprint and increasing our fire system offering. Ampac is a market leader in Australia, and Halma’s Growth Enablers will help strengthen its market position, enhance its digital offering, and grow its business internationally.

The company will continue to run under its current management team and will become part of Halma’s Infrastructure Safety sector.

Andrew Williams, Group Chief Executive at Halma, commented:

“This is an exciting acquisition that extends our geographic footprint and strengthens the intellectual property of our fire detection businesses. Ampac brings a strong brand, robust technology and well-established routes to market. Its highly complementary technologies will strengthen our value proposition, and it is well positioned to benefit from Halma’s Growth Enablers.

This is a further example of our strategy to acquire regional partners to accelerate growth in our core Fire Detection markets, following our successful acquisition of Limotec in Belgium in 2018, and Advanced Electronics in the UK in 2014. We look forward to Ampac joining Halma and to working with its management team.”

Full Year Results 2018/19

11 June 2019

Record revenue and profit for the 16th consecutive year
Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future, today announces its full year results for the 12 months to 31 March 2019.

Highlights

Change 2019 2018
Continuing Operations
Revenue +13% £1,210.9m £1,076.2m
Adjusted Profit before Taxation1, 3 +15% £245.7m £213.7m
Adjusted Earnings per Share2, 3 +17% 52.74p 45.26p
Statutory Profit before Taxation +20% £206.7m £171.9m
Statutory Earnings per Share +10% 44.78p 40.69p
Total Dividend per Share4 +7% 15.71p 14.68p
Return on Sales5 20.3% 19.9%
Return on Total Invested Capital3 16.1% 15.2%
Net Debt £181.7m £220.3m
  • Strong growth with Revenue up 13%, Adjusted1 profit before tax up 15% and statutory profit before tax up 20%.
  • Organic constant currency revenue growth3 up 10% for the second consecutive year, and organic constant currency3Adjusted1 profit before tax growth of 11%.
  • All four sectors grew revenue and Adjusted1 profit before tax on an organic constant currency basis3, with three out of four sectors delivering double digit increases.
  • Revenue growth in all major regions. Strong performance in the USA and the UK, with good growth in Mainland Europe and a solid performance in Asia Pacific.
  • Increased returns, with Return on Sales5 of 20.3% and ROTIC3 of 16.1%. R&D expenditure up 11%, representing 5.2% of revenue.
  • Strong cash generation, with cash conversion of 88%; and a robust balance sheet, supporting sustained investment in organic growth and acquisitions.
  • Four acquisitions and two small asset purchases completed during the financial year.
  • Proposed final dividend up 7%, the 40th consecutive year of dividend per share increases of 5% or more.

Strong cash generation, with cash conversion of 88%; and a robust balance sheet, supporting sustained investment in organic growth and acquisitions.
Four acquisitions and two small asset purchases completed during the financial year.
Proposed final dividend up 7%, the 40th consecutive year of dividend per share increases of 5% or more.

Andrew Williams, Group Chief Executive of Halma, commented:

“Halma had a successful year, achieving record revenue and profit, delivering our 40th consecutive year of dividend per share growth of 5% or more and making further increased strategic investment supported by our strong balance sheet. We have a strong purpose, culture and growth strategy focused on niches in a diverse range of markets where demand is supported by resilient long-term growth drivers, offering us both organic and acquisition growth opportunities.

The new financial year has started well, and order intake has continued to be ahead of both revenue and order intake for the comparable period last year. We expect to make good progress in the year ahead.”

Notes:

  1. Adjusted to remove the amortisation of acquired intangible assets, acquisition items, significant restructuring costs, profit or loss on disposal of operations and the effect of equalising pension benefits for men and women in the defined benefit pension plans, totalling £39.0m (2018: £41.8m). See note 1 to the Results for details.
  2. Adjusted to remove the amortisation of acquired intangible assets, acquisition items, significant restructuring costs, profit or loss on disposal of operations, the effect of equalising pension benefits for men and women in the defined benefit pension plans and the associated taxation thereon. See note 2 to the Results for details.
  3. Adjusted1 Profit before Taxation, Adjusted1 Earnings per Share, organic growth rates and Return on Total Invested Capital (ROTIC) are alternative performance measures used by management. See notes 1, 2 and 3 to the Results for details.
  4. Total dividend paid and proposed per share
  5. Return on Sales is defined as Adjusted1 profit before taxation from continuing operations expressed as a percentage of revenue from continuing operations.

Volk Optical Strengthens Investment in India with GM Appointment

25 February 2019

Sunil Bharti joins Volk as General Manager for India

Volk Optical (www.volk.com) has appointed Sunil Bharti to the role of General Manger, India. The move comes as the Indian market is expanding, with vision health becoming a key focus to meet the needs of its population.

In his new role, Bharti will lead Volk’s current sales and marketing organization in India and will be responsible for establishing and implementing the strategy for continued growth in the region. Bharti will work closely with doctors and healthcare institutions to understand the Indian market’s unmet needs and provide the best solutions from Volk’s portfolio of diagnostic and therapeutic lenses, surgical instruments, and ophthalmic imaging devices. Bharti will continue to develop Volk’s Indian distributor network, provide training for new and existing customers, and increase the company’s presence and services in India.
“Sunil’s appointment is an important step as Volk supports the growth of vision care in India,” explains Volk President, Dr. Jyoti Gupta. “According to the India Vision Institute, India has one of the largest populations of individuals with preventable blindness in the world. This is due primarily to a shortage of vision care specialists and difficulty in accessing care in rural areas. Where such a disparity exists, products that speed exam and treatment time, and technologies that enable telemedicine are critical. Sunil and his team will play a key role in supporting doctors and healthcare workers with access to the best technology, solutions, and training.”

Bharti brings over 20 years of medical device and life sciences experience in the Indian market to Volk. He was most recently Deputy General Manager of Sales for Perkin Elmer Genomics-India, a role that encompassed sales strategy and sales team leadership for the company’s diagnostic products line. Prior to that he progressed through increasingly senior roles at Johnson & Johnson India after it acquired Synthes Medical, where Bharti was Head of Sales at the time of acquisition. Bharti earned his Bachelor of Pharmacy degree from Mumbai University and completed his studies with an MBA from Narsee Monjee Institute of Management.

Sunil Bharti, the new General Manager – Volk India will be based out of Mumbai and can be contacted on:
T: +91 88793 97393 or E-mail: sunil.bharti@volk.com

About Volk:

Volk Optical (a Halma company) is an industry leader in aspheric ophthalmic lenses for the diagnosis and treatment of the human eye, and portable diagnostic imaging devices with the purpose of eradicating preventable blindness through accessible imaging of the eye. The company’s patented double aspheric technology results in the highest resolution imaging with the best stereopsis for precision diagnostic, therapeutic, and surgical procedures. Volk’s portable, electronic, digital imaging devices are building the foundation for the future of ophthalmology, optometry, and general medicine. The company is based in Mentor, Ohio, USA and has representatives and distributors around the world.

Halma appoints Bharat Sharma as Division General Manager for Fire Safety Solutions in India

17 August 2018

Mr. Bharat Sharma has joined Halma India as the Division General Manager for a group of Halma companies offering fire safety solutions in India. Bharat’s appointment is a significant step by Halma in the emerging and strategically important Indian market and also drive our efforts to make inroads in the fast-developing market of India which offers significant opportunities for growth in the infrastructure space.

Bharat is a Mechanical Engineer and an MBA from IIM-Lucknow with a strong background in driving organization growth, having worked in the fire industry in diverse roles of Sales, Operations, and General Management with organizations such as Tyco and UTC.

While the India market is at the growth stage for fire safety solutions, it offers many opportunities for many of the advanced technologies and solutions being offered by Halma’s fire companies. These include wireless solutions from Argus, customised panel solutions from Advanced, new-age smoke and heat detector units from Apollo, beam and flame detectors from FFE. Bharat will lead the efforts of the India team in these companies specialising in their niches, by refocusing and reorganising the energies to seize the opportunities that a fast-growing market like India presents. Bharat’s initial efforts will bring together the strengths of the various Halma companies into a coalescent solution intended to meet the specific needs of customers in India.

Prasenjit Datta – the Managing Director of Halma India had this to say, “While in developed economies the fire protection has evolved as well as adopted niche and diverse fire technologies for safety of expensive infrastructure assets, we see a lot of potential in India where consultants and discerning integrators and customers would like to consider a basket of ‘advanced niche technologies’ stitched together specifically for India. We look forward to helping Indian fire safety professionals – hungry for new technology, adopting new tools to help them as well as Halma build a safer, cleaner and healthier world for everyone every day. We wish Bharat great success in his new role for Halma in India.”

Bharat Sharma, the new India Division General Manager – Fire will be based out Delhi and can be contacted on: T: +91 9811734442 or E-mail: bharat.sharma@halma.com

About Halma:

Halma, the leading safety, health and environmental technology group is a public company listed on the London Stock Exchange and has around 6300 employees in nearly 50 subsidiaries worldwide. Halma’s subsidiaries help grow a safer, cleaner, healthier world for everyone every day through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India’s economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport. Halma has an office in Bengaluru, Mumbai, Vadodara and Thanjavur.

Valve management system eliminates incorrect valve line-up for tank storage provider

13 December 2017

Sofis’s solution ensures customer avoids potential costs of €160,000 a year or more

By preventing incorrect valve line-up with the installation of a valve management system, valve operation specialist Sofis has ensured that a well-known tank storage provider is not exposed to potential costs of €160,000 a year or more.

“Everyone in the oil and gas industry is aware of the risk of incorrect valve line-ups,” commented the customer’s assistant technical manager. “I really appreciate the help of the whole Sofis team in finding us a good solution to accommodate our needs and getting this project ready on time.”

History shows that, during tank storage operations, incidents of miscommunication or accidental operation of the wrong valve(s) can lead to the wrong blend of oil product being loaded into an oil tanker, resulting in product contamination. The clean-up operation following such an incident – labour, waste creation and disposal, cleaning and transport – allied to the indirect costs of environmental impact, tank terminal downtime and damage to the corporate reputation would have led to the company paying a minimum of €160,000 for each incident. Having identified the potential risk and cost associated with incorrect valve line-ups, the tank storage provider was looking for a tailor-made solution.

By combining valve interlocks and a key management system from Sofis with its existing distributed control system (DCS), the customer has eliminated the risk of incorrect valve line-ups. Personnel can no longer accidentally operate the wrong valves, nor overlook any necessary valves. The DCS manages manual valve operations, and the status information of these manual valves is continuously monitored from the control room.

In addition, personnel can now perform multiple valve line-up procedures simultaneously, while valve changeovers are carried out more efficiently.

For more information about Sofis in India, please contact Nitul Sanghvi, Area Sales Manager – India and South East Asia on M: +91 98795 59345, E-mail: nitul.sanghvi@sofisglobal.com, visit www.sofisglobal.com.

About SOFIS:

Netherlocks Safety Systems and Smith Flow Control have merged. Two global leaders in the field of valve operations have joined forces and move on as Sofis. With joint expertise, a united service team and a combined office and partner network, Sofis is bigger and stronger and thus better able to give worldwide support and cater to every market need. Over the last three decades Sofis’s employees have led and developed the interlock market. They have also devised new product segments by continuously bringing new ideas to fruition.

Avire expands product range with Microkey acquisition

8 December 2017

Move also increases resources for future product development

Avire has acquired SETCO S.A (www.microkey.es), a specialist in emergency telephones, GSM wireless transmission and monitoring systems for lifts, which are marketed under the Microkey brand.

Rob Lewis, managing director at Avire, said: “This is a really exciting time for Avire, Microkey and our customers. With the addition of Microkey’s cutting-edge technology to Avire’s global footprint, we have created the clear market leader in terms of size and technology. Not only is this good news for our customers now, but with the increased R&D resource, we are expecting even more customer-focused products in the near future.”

Founded in 1986, Microkey is based in Barcelona and is the market leader in emergency telephones for lifts in Spain. The business displays strong core competencies in GSM wireless transmission, machine to machine (M2M) technologies and cloud-based monitoring solutions. The combination of M2M and cloud technologies is beneficial to Avire customers, allowing lift controllers to provide status information and to be remotely updated and maintained.

As Microkey has predominantly been focused on the Iberian peninsula, this acquisition offers exciting new growth opportunities via Avire’s global sales and support channels. In addition, the Microkey product range complements that of Avire, meaning Avire will be able to provide existing customers with new, innovative products and technologies.

For more information about Avire in India, please contact Rajeev Joshi, Regional Business Manager – IMEA on M: +91 91677 30003, E-mail: rajeev.joshi@avire-global.com, visit www.avire-global.com. Avire operates in India from an office located in Wagle Industrial Estate in Thane, Maharashtra.

About AVIRE:

Avire – home to E-Motive, Janus, TL Jones and Memco – offers an extensive range of lift safety and communication products. With manufacturing locations in Singapore, China, India and the Czech Republic, and sales offices in 13 locations worldwide, Avire is a truly global brand. Avire’s products include light curtains, electronic displays, emergency telephones and LED lighting. Avire is a Halma company.

New Castell MD wants to increase the speed of change

29 September 2017

Neil Webster plans investment to fuel growth and NPD

New Castell managing director Neil Webster wants the company to capitalise on its standing in the industrial safety sector by injecting a sense of urgency into how it operates.

“Castell has huge credibility as a brand,” said Neil. “It’s time we took that authority and upped the pace in everything we do: how we communicate with customers, how we develop new products and how we increase our global footprint.

“We’ve got a significant investment plan for the business which will fuel our growth, whether that’s systems-led or directed into NPD. We want to maintain and increase our reputation as the go-to partner for our customers, both for knowledge and solutions.”

Neil joins Castell from TALIS Group, a manufacturer of valves for the water industry. He brings extensive experience of the automation, process control, hazardous area and lighting industries.

Castell has a distributor presence in India.For more information about Castell, please contact E-mail: sales@castell.com, visit www.castell.com

About CASTELL:

Established in 1922, Castell manufactures the world’s widest range of industrial safety interlocking systems. Designed to protect personnel working with dangerous machinery or in hazardous environments, the company’s products are robust, durable and suitable for the heaviest of applications. Available in a range of materials, including stainless steel, they are proven even in dusty, corrosive and aggressive operating environments. All products conform to European safety standards.

Advanced’s Fire Networking is Now Miles More Flexible

27 July 2017

Global intelligent fire systems leader Advanced has recently launched a new device that makes its market-leading networking more flexible and configurable than ever.

The PENN (Peripheral Expansion Network Node) is a new card and network node that allows Advanced’s range of peripheral input and output cards to be placed anywhere on the network, and up to 1.5km from the nearest fire panel or next PENN node.

Up to 32 peripheral cards – covering everything from input, interface and i/o cards to relay, sounder, LED and switch cards – can be attached to a PENN, and 199 PENNs can be added to a network. This means over 6,000 peripheral cards can be placed almost anywhere around the network.

The PENN adds to the flexibility of Advanced’s fire panel offering. Previously, peripheral cards had to be connected to a fire panel’s P-BUS (they still can be) and limited to 10m from the panel.

Aston Bowles, head of marketing at Advanced, said: “Advanced’s ease-of-use and the power and resilience of its networking are already well understood and admired. The PENN provides our customers with more freedom, even simpler installation, and configuration that improves performance and reduces installation costs”.

“Freeing the peripheral cards from the panel is a good idea, but the creative ways our customers are using the PENN and peripheral cards to solve installation and configuration challenges is genuinely surprising, and we’re seeing it used on all manner and sizes of projects.”

The PENN is currently compatible with Advanced’s MxPro multiprotocol panels and Axis EN fire systems.

For more details please contact Reji Mathew, India Business Manager who is based in Bengaluru on M: +91 98802 80326, E-mail: rmathew@advancedco.com and also visit www.advancedco.com or https://halmain.halmacloud.com/halmawp/companies/advanced/

About Advanced:

Advanced is a world leader in the development and manufacture of intelligent fire systems. The legendary performance, quality and ease-of-use of its products sees them used in prestigious and challenging locations all over the world, from single panel installations to large multi-site networks. Advanced’s products include complete fire detection systems, multi-protocol fire panels, extinguishing control and fire paging systems. The company is a subsidiary of Halma plc.

New STEM Education Packs from Ocean Optics

19 July 2017

Cost-effective spectral sensing kits bring the excitement of spectroscopy to the classroom

To inspire today’s tech savvy students, Ocean Optics has released two new Education Packs, built around its STS microspectrometer and Spark spectral sensor. With the kit hardware and commonly available samples, teachers can integrate absorbance, transmission, fluorescence, emission and pH measurements into their curricula, bringing spectroscopy concepts to life. Modular and flexible, the Education Packs are a budget-friendly option compared to the cost of purchasing all the included hardware individually.

The kits package a small-footprint spectral sensing system and illuminated cuvette holder (EDU-STS-VIS-PACK) or direct attach cuvette holder accessory (EDU-SPARK-PACK) with the ideal combination of accessories and software. The included components can be assembled in multiple configurations to perform several types of measurements. By purchasing Education Packs, educators can save up to 40% off the retail cost of the components if purchased separately.

The EDU-STS-VIS-PACK covers the wavelengths of 350-800 nm while the EDU-SPARK-PACK provides measurement over the range of 380-700 nm. Both are capable of multiple types of spectral measurements demonstrating several different spectroscopy concepts, including:

• Absorbance: Beer’s Law
• Emission: Atomic emission
• Fluorescence: Excited state molecules
• pH: Henderson Hasselbalch
• Transmission: Color measurement

To support educators in using the kits, Ocean Optics has established an educational resource page at https://oceanoptics.com/educational-resources. The page contains experiments and teaching materials to help educators get started, and is expected to grow as members of the user community share their own experiments and materials. The range of experiments are geared from high school, to community college, and up to university level.

To learn more about Ocean Optics Education Packs and review the educational resources available, contact Raghu Charan can be contacted on M: +91 96 3232 6932, Tel: +91 80 6747 5336 or E-mail: Raghu.charan@oceanoptics.com. Visit the website at www.OceanOptics.com

About Ocean Optics:

Headquartered in Dunedin, Florida, USA, Ocean Optics is a leading supplier of spectral solutions for optical sensing – fundamental methods of measuring and interpreting the interaction of light with matter. With locations in the Americas, Europe and Asia, the company has sold more than 260,000 spectrometers worldwide since 1992. Ocean Optics’ extensive line of complementary technologies includes chemical sensors, analytical instrumentation, optical fibers and optics. The company is a subsidiary of Halma plc, an international market leader in safety, health and sensor technology.