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18 June 2026
Hill & Smith PLC
Change in reporting currency - publication of historical comparative reporting data
Hill & Smith PLC ("Hill & Smith" or "the Group"), a leading provider of solutions that enhance the resilience of vital infrastructure and the built environment, provides historic comparative financial data in US dollars ahead of the change in its reporting currency.
As announced on 11 March 2026, the Group will adopt the US dollar for reporting, with effect from the interim results announcement for the six months ending 30 June 2026. This reflects the growth of the Group's US footprint and the increasing proportion of the Group's revenues and operating profits originating in US dollars (63% and 79% respectively in 2025). The Board believes that adopting US dollar reporting will provide investors and other stakeholders with greater transparency of the Group's performance and reduce foreign exchange volatility over time.
Commencing with the interim dividend for the year ending 31 December 2026, due to be paid in January 2027, dividends will be declared in US dollars. Shareholders will continue to receive dividends in sterling unless they elect to receive them in US dollars.
The Group's primary consolidated financial statements, together with selected notes, for the years ended 31 December 2025 and 31 December 2024, and the six months ended 30 June 2025, re-presented in US dollars are set out here for comparative purposes:
http://www.rns-pdf.londonstockexchange.com/rns/7392I_1-2026-6-17.pdf
A presentation showing the Group's key financial performance metrics in US dollars for financial periods from 2022 to 2025 is available here:
http://www.rns-pdf.londonstockexchange.com/rns/7392I_2-2026-6-17.pdf
Hill & Smith's interim results for the six months ending 30 June 2026 are scheduled to be announced on 12 August 2026.
For further information, please contact:
Hill & Smith PLC
Chris McLeish, Chief Financial Officer Tel: +44 (0)121 704 7434
Chris Dyett, Investor Relations
MHP
Reg Hoare/Rachel Farrington/Hugo Harris Tel: +44 (0)7801 894577
Email: hillandsmith@mhpgroup.com
Notes to Editors
Hill & Smith PLC is a leading provider of solutions that enhance the resilience of vital infrastructure and the built environment. The Group employs c.4,700 people, with the majority employed by its autonomous, agile, customer focussed operating businesses based in the US, UK and India. The Group office is in the UK and Hill & Smith PLC is quoted on the London Stock Exchange (LSE: HILS.L).
The Group's operating companies are organised into three divisions:
- US Engineered Solutions
- Galvanizing Services
- UK & India Engineered Solutions
Our US Engineered Solutions businesses provide a range of composite and steel solutions for infrastructure construction including energy transmission & distribution, data centres, waterfront protection, transportation, and other industrial facilities. The division also supplies engineered supports for the water, power and liquid natural gas markets, seismic protection solutions for commercial construction, road work zone safety products and off-grid solar lighting and power solutions.
Our Galvanizing Services operations, based in the US and UK, increase the sustainability and maintenance free life of steel products including structural steelwork, lighting, bridges, and other products for infrastructure and construction end markets.
Our UK Engineered Solutions businesses supply products and services to a range of end markets including transport infrastructure, residential construction, data centres, and other industrial and commercial construction. The division also supplies hostile vehicle mitigation (HVM) and off-grid solar lighting solutions. Our business in India manufactures engineered supports primarily for energy markets.
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