Hill & Smith Holdings (GB:HILS) has released an update.
Hill & Smith PLC has reported a strong start to 2024, with revenue up 5% on a constant currency basis and operating margins improving, driven by robust demand for infrastructure solutions in the US. Despite a challenging UK market, the company’s recent US acquisitions are integrating well and contributing to good organic growth and cash generation. The firm expects full-year operating profit to surpass analyst expectations and remains optimistic about the future, buoyed by the sustainable infrastructure market’s growth.
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