CORRECTED - UPDATE 2-Hampson Industries H1 profit, revenue fall

(Corrects to attribute FY profit forecast, H2 revenue rise in paragraph 2 and net debt in paragraph 7 to house broker, not CEO)

* House broker sees FY profit 25 mln stg

* House broker sees H2 rev slightly more than H1

* H1 underlying pretax profit falls 32 pct to 11 mln stg

* H1 revenue falls 12 pct to 97 mln stg

* Maintains interim dividend

* Shares down 3.9 pct (Adds CEO's comments, updates share movement)

By Shivani Singh

BANGALORE, Nov 26 (Reuters) - British engineer Hampson Industries (HAMP.L) said its first-half profit fell, hurt by programme delays, lower revenues at a unit and the global decline in the automotive sector, but that it was cautiously optimistic of orders strengthening in the second half.

Hampson's house broker Investec Securities said it expected full-year pretax profit of about 25 million pounds ($41.4 million), while revenues in the second half would be slightly up from the first half.

"The outturn for the current year will ultimately be determined by the timing of conversion of pipeline demand for high value tools required by the larger aerospace programmes into firm orders," the company said.

Delays in many high-profile aerospace programmes including the B787 Dreamliner, B747-8 and A350 held back the performance of the company's tooling businesses in the first half, Hampson said.

Hampson has put acquisitions on hold until it sees the market pick up and its order book strengthen further, Chief Executive Officer Kim Ward said.

He said the tooling market was worth about $20 billion over the next decade and Hampson has about 10 percent of the market share.

Net debt rose 23.4 percent to 140.7 million pounds at September-end from year-ago levels. Investec said it expected the company to cut debt to 135 million pounds at March-end.

Hampson said it renegotiated its banking facilities and has about 200 million pounds in bank borrowing and loan note facilities.

The company, which supplies tooling services to the aerospace industry, maintained its interim dividend of 0.80 pence per share.

For the six months ended Sept. 30, the company posted an underlying pretax profit of 11 million pounds, compared with 16.1 million pounds a year ago.

Revenue fell 12 percent to 97 million pounds.

Shares of Hampson were down 3.9 percent at 75 pence at 0905 GMT on Thursday on the London Stock Exchange. ($1=.6039 Pound) (Reporting by Shivani Singh in Bangalore; Editing by Vinu Pilakkott) ((shivani.singh@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging: shivani.singh.thomsonreuters.com@reuters.net))