British device maker Halma's shares slump on slower annual growth forecast

Halma said organic constant-currency revenue growth for fiscal 2027 will slow versus the prior year, a cautious outlook that sent the shares down nearly 15% on Thursday. The update points to softer near-term fundamentals rather than a deterioration in results already reported.

Analysis

Halma said organic constant-currency revenue growth for fiscal 2027 will slow versus the prior year, a cautious outlook that sent the shares down nearly 15% on Thursday. The update points to softer near-term fundamentals rather than a deterioration in results already reported.