Hill & Smith Holdings ( (GB:HILS) ) just unveiled an announcement.
Hill & Smith PLC reported strong financial results for the year ending December 31, 2024, with profits surpassing market expectations. The company achieved a 5% increase in revenue on a constant currency basis and a 20% rise in underlying operating profit. The US operations significantly contributed to these results, accounting for 76% of the Group’s underlying operating profit, driven by robust demand for infrastructure solutions. The company also completed four US acquisitions and divested two non-core businesses, enhancing its portfolio. With a new CEO at the helm, Hill & Smith has updated its strategic framework, focusing on priority end markets and setting higher financial targets, positioning itself for continued growth in 2025 and beyond.
More about Hill & Smith Holdings
Hill & Smith PLC is a leading provider of solutions that enhance the resilience of vital infrastructure and the built environment. The company operates through autonomous, agile, customer-focused businesses primarily based in the UK, USA, and India, and is quoted on the London Stock Exchange.
YTD Price Performance: -7.17%
Average Trading Volume: 123,851
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.39B
See more insights into HILS stock on TipRanks’ Stock Analysis page.