By Frank Prenesti
Date: Wednesday 01 Feb 2023
LONDON (ShareCast) - (Sharecast News) - Safety technology company Halma said it had bought Thermocable for its safety sector fire detection unit, Apollo Fire Detectors, for £22m on a cash and debt-free basis.
Thermocable is based in Bradford, UK, and makes linear heat detectors, temperature-sensitive cables which are installed in areas at risk of overheating and fire and which trigger an alert when they detect a change of temperature.
Thermocable's unaudited revenue for the 12 months to 31 March 2022 was £6.3m, with return on sales "substantially" above the upper end of Halma's target range of 18-22%, Halma said on Wednesday.
Reporting by Frank Prenesti for Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 2,178.00p |
Change Today | -38.00p |
% Change | -1.71 % |
52 Week High | 2,498.00 |
52 Week Low | 1,810.50 |
Volume | 693,056 |
Shares Issued | 379.65m |
Market Cap | £8,269m |
RiskGrade | 112 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 2 |
Buy | 1 |
Neutral | 10 |
Sell | 1 |
Strong Sell | 1 |
Total | 15 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 21-Dec-23 | 13-Jul-23 |
Paid | 02-Feb-24 | 18-Aug-23 |
Amount | 8.41p | 12.34p |
Time | Volume / Share Price |
16:35 | 437,400 @ 2,178.00p |
16:35 | 370 @ 2,178.00p |
16:35 | 3,792 @ 2,178.00p |
16:35 | 3,281 @ 2,178.00p |
16:35 | 413 @ 2,178.00p |
CEO | Marc Ronchetti |
Chair | Dame Louise Makin |
CFO | Steve Gunning |
You are here: research