Thursday, 11 June, 2026
AI Slowdown Scares the City: Halma Shares Plunge 15% on Muted Growth Outlook
By TechShots Studio
Despite achieving a 23rd consecutive year of record profits, British safety device maker Halma saw its shares tumble nearly 15%. Investors were spooked by a projected growth deceleration in its crucial photonics division—a segment heavily reliant on booming AI data center infrastructure. Halma forecast low double-digit organic revenue growth for fiscal 2027, down from 16% in fiscal 2026, triggering a sharp "sell the news" reaction due to its premium market valuation.
Read full story at REUTERS