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Analyst & Investor Site Visit Crowcon Detection Instruments 17 September, 2015

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Page 1: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Analyst & Investor Site Visit

Crowcon Detection Instruments 17 September, 2015

Page 2: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

11.00 Introduction Andrew Williams, CEO

11.15 Process Safety sector review Philippe Felten, SCE

11.45 Break

12.15 Introduction to Crowcon Detection Instruments Mike Ophield, MD

12.45 Lunch

1.45 Tour of Crowcon facility Crowcon team

2.45 Break

3.00 Final Q&A / round-up Andrew Williams, CEO

3.45 Close

Agenda

Page 3: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Strategy

Financial Model

Agile organisation

Niche products, strong positions

Diverse portfolio

Long-term market growth

drivers

Page 4: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Investment Priorities

Innovation

Talent

International Expansion

Acquisitions

Page 5: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Process

Safety

Medical Environmental

& Analysis

46%

Revenue £ Profit* £

Infrastructure

Safety

Medical

Infrastructure

Safety

• Profit before amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations

Environmental

& Analysis

Process

Safety

Sectors 2014/15

726m 154m

Page 6: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

46%

Revenue £ Profit* £

22%

• Profit before amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations

27%

Sectors 2014/15

726m 154m

Process

Safety

Medical Environmental

& Analysis

Infrastructure

Safety Process

Safety

Medical Environmental

& Analysis

Infrastructure

Safety

Page 7: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

0

50

100

150

200

2011 2012 2013 2014 2015

0

10

20

30

40

50

2011 2012 2013 2014 2015

159

45

£m £m

Process Safety: Strong growth, high returns

Core companies Disposed since FY11 Acquired since FY11

Revenue Profit

Page 8: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Philippe Felten Sector Chief Executive

Mike Dakin Sector Vice President

PROCESS SAFETY SECTOR

Page 9: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Protecting people and assets at work Process Safety Sector

per 2014/15 Final Results

Page 10: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

PROCESS SAFETY SECTOR

Video introducing the Halma Process Safety Sector – Click Here.

Page 11: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Health, safety and environmental regulations

Population growth rising energy demand

Upgrade, maintenance and service

Global approvals

Market characteristics PROCESS SAFETY SECTOR

Page 12: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Pipeline Management

Gas Detection

Pressure Relief

Safety Interlocks

What we make PROCESS SAFETY SECTOR

Page 13: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Revenue PROCESS SAFETY SECTOR

Gas Detection 23% Safety

Interlocks 26% Pressure Relief

22% Pipeline Management

29%

Page 14: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Expanding opportunities PROCESS SAFETY SECTOR

Page 15: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Evolution

20152012200920062003200019971994199119881985198219791976

Revenue £160m

£0m

*growth averaged 1976-2000

PROCESS SAFETY SECTOR

Page 16: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Management PROCESS SAFETY SECTOR

Group CEO

Sector FD Sector CEO

Sector VP Sector VP

Acquisition Executive

Page 17: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Worldwide PROCESS SAFETY SECTOR

Gas Detection Safety Interlocks

Pressure Relief Pipeline Management

Page 18: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Revenue PROCESS SAFETY SECTOR

UK 18% USA 25% EU 22%

APAC 17% ROW 18%

Page 19: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Diversification

Gas Detection

Safety Interlocks

Pipeline Management

Pressure Relief

Energy Utilities Buildings Chemical process Pharmaceuticals Food & beverage Railways Logistics

Historical markets Diversification markets

PROCESS SAFETY SECTOR

70%

30%

Page 20: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Growth strategy Geographic expansion

Localised products

New products

Acquisitions

PROCESS SAFETY SECTOR

Page 21: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Acquisition focus Gas Detection

Machine Guarding

Electrical Safety

Test Equipment

Explosion Protection

PROCESS SAFETY SECTOR

Page 22: Analyst & Investor Site Visit/media/Files/H/Halma-Plc-V2/... · 9/17/2015  · Protecting people and assets at work . Process Safety Sector . per 2014/15 Final Results . PROCESS SAFETY

Process Safety Sector –

Positioned as a key player in its market

A model for all of our Process Safety companies