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Halma Reports Record Earnings, Earmarks $150M for Acquisitions

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AMERSHAM, England, June 25, 2010 — Safety, health and sensor technology group Halma plc announced record results for the full year ending April 3, with profits up 9 percent to $125 million and revenue rising by 1 percent to $665 million. As part of its ongoing expansion plan, the company said it has set aside $150 million for acquisitions, with a particular focus on photonics-related businesses. The group, which includes photonics companies Ocean Optics, Ocean Thin Films, Labsphere, and Fiberguide, posted strong enough financials to raise shareholder dividends by 7 percent, the 31st consecutive year of increases, Halma...Read full article

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    Published: June 2010
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    acquisitionsAdam MeyersAmericasBusinessearningsEnglandEuropeexpansionFiberguideHalmahealthHealth Optics & PhotonicsImagingindustrialindustrial safetyLabsphereOcean OpticsOcean Thin FilmsOhioOpticsphotonicsprofitSensors & Detectors

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