Hill & Smith Share Price (HILS)

Given they are going to report in US$ from now on, why don't they go the whole way and get a US listing (and an upward rerate)?

Nd.

.wealthoracle.co.uk/company-results

Hill & Smith delivered an encouraging Q1 trading update covering the four months to 30 April, with group revenue up 5% organically and management guiding FY26 underlying operating profit to the top end of the analyst consensus range of £157.6-160.5m, against the £158.6m mid-point. US infrastructure activity continued to drive strong performance, with order intake supported by federal and state-level transportation spend and a healthy pipeline of pricing-led recovery in the residential side now feeding through. UK operations delivered steady growth with the galvanizing and engineered solutions businesses benefiting from sustained investment in critical infrastructure. Net debt remains modest leaving headroom for further bolt-on M&A. The Board confirmed the move to USD reporting from the H1 2026 interim results given the increasing US weight of the portfolio (now over 60% of group revenue and profit). The accelerated transition reflects the structural shift in Hill & Smith's earnings base. Underlying operating profit at top end of £157.6-160.5m consensus range vs £158.6m mid-point (beat); organic revenue +5% in line with FY trajectory. BEAT.

.wealthoracle.co.uk/company-results

.wealthoracle.co.uk/companies/HILS

Hill & Smith PLC posted decent if unexciting financial performance for the year ended 31 December 2025, supported primarily by strong growth across its US operations. Group revenue increased 2% to £868.8 million, with organic constant currency growth of 3%, while underlying operating profit rose 5% to £151.3 million. Profitability improved as operating margins expanded to 17.4% from 16.8% in the prior year, reflecting a favourable mix shift toward higher-margin US businesses. Underlying earnings per share increased 8% to 132.2 pence, demonstrating the company’s ability to translate modest revenue growth into stronger earnings through operational efficiency and portfolio mix improvements. The company’s US Engineered Solutions division remained the primary growth engine, benefiting from strong demand across key infrastructure-related markets including electricity transmission and distribution, data centres, water infrastructure and industrial construction. Revenue in this segment increased 6% on an organic constant currency basis, with operating margins improving to 18.0%...

.wealthoracle.co.uk/companies/HILS

Steady eddy’s is not always best!

Remember the stalwarts VODAFONE, DIAGEO, GE, these Mammoths hit bad times due to debt and are now fallen graces UK & USA.

There are many other steady eddys. Dont be complacent

Boring is best. Compounds every year.