June 22 (Reuters) – British safety equipments group Halma (HLMA.L) reported a 9 percent rise in full-year adjusted pretax profit, helped by cost cuts, and said it looked forward to the new year with confidence.
The company, which makes smoke detectors and automatic door sensors, also raised its final dividend by 8.6 percent to 5.19 pence, amounting to a total dividend of 8.50 pence.
“Coming into 2010/11 we have greater momentum than a year ago, particularly in terms of order intake, and are well positioned to achieve growth,” Chief Executive Andrew Williams said in a statement.
For the year to April 3, Halma posted an adjusted pretax profit of 86.2 million pounds ($127.2 million), compared with 79.1 million pounds a year ago.
Revenue rose marginally to 459.1 million pounds.
Halma ended the year with net cash of 9 million pounds.
Shares of the company closed at 271 pence on Monday on the London Stock Exchange. ($1=.6775 Pound) (Reporting by Aditi Samajpati in Bangalore; Editing by Aradhana Aravindan)