Halma raises its full-year margin forecast to 23.5–24%

Halma ($HLMA) raised its fiscal 2027 adjusted operating-margin forecast to 23.5–24%, compared with its previous expectation of approximately 22.7%. It maintained guidance for low-double-digit organic revenue growth at constant currency. Order intake remains ahead of both current-year revenue and the comparable prior-year period, supporting management’s confidence in the upgraded profitability outlook.

The company attributed the improvement to operational execution and a favorable product and portfolio mix, including acquisitions and disposals. Six acquisitions completed in the year to date represent up to £515 million in total consideration, while three disposals generated approximately £83 million net of costs. Those are cumulative transactions, not six newly announced purchases. Stronger sterling remains a potential drag on translated revenue and profit.

Sources:

• Halma — trading update
• London Stock Exchange — timestamped announcement