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Finance

UK's Halma lifts annual margin outlook after acquisitions boost performance

Published by Global Banking & Finance Review

Posted on September 24, 2026

1 min read

· Last updated: September 24, 2026

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Halma Raises Annual Margin Outlook Following Acquisitions and Strong First Half

Halma's Financial Performance and Strategic Developments

Upgraded Profit Margin Forecast

Sept 24 (Reuters) - British health and safety device maker Halma raised its forecast on Thursday for annual adjusted operating profit margin, citing a strong first half and the positive impact of recent acquisitions and disposals.

The company now expects adjusted operating profit margin between 23.5% and 24% for the year through March 2027, up from its previous forecast of around 22.7%.

Business Portfolio Changes

Acquisitions and Disposals

Halma, which owns around 50 businesses spanning safety, healthcare and environmental technology, completed six acquisitions and disposed of three businesses so far this financial year.

Growth Drivers

Data Centre Construction and AI

Recent growth has been supported by a boom in data centre construction, with one of its light technology businesses serving AI hyperscaler customers.

Revenue Growth Forecast

The company maintained its annual organic revenue growth forecast, unchanged from June, when it had warned of slower growth.

(Reporting by Neeshita Beura in Bengaluru; Editing by Janane Venkatraman and Sherry Jacob-Phillips)

Key Takeaways

  • Halma boosted its adjusted operating profit margin outlook for the year ending March 2027 to 23.5%–24%, up from its previous ~22.7%, driven by strong first‑half performance and M&A activity.
  • The company has completed six acquisitions and three disposals this financial year, reinforcing its growth via acquisitions while trimming underperforming areas.
  • Its light‑technology photonics business, serving AI hyperscaler data‑centre clients, is contributing significantly amid elevated demand for data‑centre infrastructure.

Frequently Asked Questions

Why did Halma raise its annual operating profit margin outlook?
Halma raised its outlook due to strong first half results and the positive impact of recent acquisitions and disposals.
How many acquisitions and disposals has Halma completed this financial year?
Halma has completed six acquisitions and disposed of three businesses so far this financial year.
What factors have supported Halma's recent growth?
Recent growth has been boosted by a boom in data centre construction, particularly serving AI hyperscaler customers in their light technology business.

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