Halma trading update reports continued growth across life safety technology businesses

Halma trading update points to full-year growth

Halma has reported continued progress ahead of the end of its financial year, with the group expecting mid-teens organic constant currency revenue growth for the year ending 31 March 2026.

In a trading update released on 12 March, the global group of life-saving technology companies confirmed that second-half trading to date remains consistent with the upgraded guidance set out in its half year results published in November 2025.

The group expects to deliver a 23rd consecutive year of record adjusted profit.

Growth has been broad-based across Halma’s portfolio of technology companies, which operate across sectors including safety, environmental monitoring and healthcare.

Order intake remains ahead of revenue in the year to date and also ahead of the comparable period last year.

Premium growth in photonics within the Environmental & Analysis Sector continues to support revenue performance.

Halma expects full-year cash conversion to remain in line with its KPI of 90%.

The appreciation of Sterling is expected to create a negative currency translation effect on the group’s results.

Halma continues acquisition investment across group sectors

Halma has completed five acquisitions during the financial year to date, including three since the half year ended on 30 September 2025.

These acquisitions span the group’s three operating sectors.

Total investment in acquisitions has reached a record £451m on a maximum total consideration basis.

The company reports that its acquisition pipeline remains active across all three sectors.

Halma will publish its full year results for the year ending 31 March 2026 on 11 June 2026.

Halma acquires Italy-based Safetec in €72.5m fire and gas deal

Halma confirms Safetec acquisition in Italy

Halma has acquired Safetec, an Italy-based provider of customised fire and gas safety solutions for large-scale industrial projects.

The company said Safetec was founded in 2003 and is headquartered near Milan.

Halma said Safetec designs, engineers and delivers tailored systems for complex and high-risk industrial environments.

Purchase price, funding and business structure

Halma said the cash consideration is €72.5m, around £63m, on a cash- and debt-free basis.

It added that the acquisition will be funded from Halma’s existing facilities.

Halma said Safetec’s revenue for the 12 months to 31 December 2025 is forecast to be about €30m, around £26m.

The company said Safetec will operate as a standalone business within Halma’s Safety Sector, led by its current management team.

Safetec markets and regions cited

Halma said Safetec serves markets including power generation, oil and gas and pharmaceutical sectors.

It added that Safetec works in other highly regulated sectors where stringent safety requirements apply.

Halma said Safetec’s solutions support customers to manage risk and comply with industry standards in demanding environments.

The company said Safetec’s major geographic markets include the Middle East, Europe and Africa.

Executive comments on the deal

Marc Ronchetti, Group Chief Executive of Halma, commented: “Safetec further enhances our capabilities in fire and gas safety systems for complex industrial environments.

“It brings deep engineering expertise and a strong reputation for delivering high-quality, tailored safety solutions for its customers.

“These capabilities further strengthen the Safety sector and extend our reach in supporting the protection of lives and critical assets.

“We are pleased to welcome Safetec to Halma and excited by the opportunities for its continued growth.”

Marco Stumpo, CEO of Safetec, said: “We are delighted to join Halma, a group that shares our values and vision.

“By joining Halma, we retain our autonomy, while benefiting from Halma’s global network and expertise to accelerate our international growth and enhance our integrated safety solutions offering”.

Halma acquires E2S in £230m move into industrial safety

Halma acquisition expands Safety Sector portfolio

Halma has acquired E2S Group (E2S) in a £230m cash deal that expands its Safety Sector portfolio in high performance notification, initiation and detection devices for hazardous industrial environments.

The company said the cash consideration is on a cash and debt free basis and will be funded from Halma’s existing facilities.

According to Halma, E2S revenue for the 12 months to 31 December 2025 is forecast to be approximately £44m.

Halma stated that the acquisition supports continued expansion into fire detection and alarm systems.

E2S will sit within Halma’s Safety Sector following completion of the transaction.

Halma described itself as a global group of life-saving technology companies with more than 9,000 employees in over 20 countries.

The group operates across three markets – safety, environment and health – and is listed on the London Stock Exchange as a constituent of the FTSE 100 index.

E2S devices target hazardous industrial environments

Halma said E2S was founded in 1992 and designs, develops and manufactures high performance notification, initiation and detection devices for heavy industries and complex manufacturing.

According to the group, E2S products are used to alert personnel to potential dangers so that they can respond quickly and enhance safety.

The devices are used in end markets including oil and gas, renewable energy power and manufacturing, where safety solutions are highly regulated because of the severity of potential hazards.

Halma confirmed that E2S is headquartered in London, UK with operations in the US and France.

Leaders highlight growth plans after acquisition

Halma said the acquisition brings new capabilities in growing, highly regulated industrial safety markets and complements its existing fire safety and gas detection activities.

Marc Ronchetti, Group Chief Executive of Halma, said: “We are excited that E2S is joining Halma.

“The company brings new capabilities in growing, highly regulated industrial safety markets which are critical in protecting human life, and solutions and technologies which are complementary to our existing strengths in fire safety and gas detection.

“We look forward to supporting their continued development as they continue to scale their business globally.”

E2S leadership emphasised the alignment between the two organisations and the opportunity to accelerate the next phase of E2S growth.

Brett Isard, Co-founder and CEO of E2S, said: “We’re delighted to join Halma, whose values and focus closely align with ours.

“Joining the Halma group gives E2S access to global resources and expertise that will help accelerate the next phase of our growth.

“We are looking forward to benefiting from being part of a larger organisation as we continue to expand our product range, providing our customers and partners with innovative life safety solutions, protecting people and assets in harsh and hazardous environments.”

Implications for industrial safety equipment specifiers

The acquisition links E2S notification, initiation and detection devices with Halma’s existing activities in fire safety and gas detection within a single Safety Sector structure.

For equipment specifiers in oil and gas, renewable energy power and manufacturing, the transaction means E2S hazardous area products are now part of a wider group that already operates in regulated industrial safety markets.

Oil and gas safety officers and industrial facility managers working in highly hazardous environments may note that E2S devices are used to alert personnel to potential dangers in settings where safety solutions are subject to strict regulation.

For fire-protection contractors and system installers integrating fire detection and alarm systems in complex manufacturing or heavy industry, Halma’s stated focus on expanding in these applications provides context on how E2S devices may sit alongside other group technologies.

Risk assessors and safety engineers reviewing alarm strategies for heavy industrial sites can also set the acquisition in the wider picture of suppliers with operations in the UK, mainland Europe, the US and Asia Pacific through the Halma group.