UK's Halma drops after flagging low double-digit organic revenue growth for FY27
BUZZ-UK's Halma drops after flagging low double-digit organic revenue growth for FY27
** Shares of British health and safety device maker Halma HLMA.L down 10% at 4186 p
** Stock top loser on FTSE 100 .FTSE
** Co expects to deliver low double-digit percentage organic constant currency revenue growth in fiscal 2027
** "Halma has delivered FY26 EBITA 3% ahead of consensus. However, the focus for this set of results was very much on the organic revenue growth guidance for FY27F, given the data-center-led tailwinds from the Avo Photonics business".- Jefferies
** YTD, stock had risen ~18%
(Reporting by Tuhina in Bengaluru)
(( ((tuhina@thomsonreuters.com;))))
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