Hill & Smith Share Discussion Threads

[bothdavis] 30/9/2019 09:30

Announcements of extra road funding has to be positive for Hill and Smith....

[tudes100] 23/8/2019 03:07

CRH organic sales in US were +2% vs prior yr, Evening Standard smoking crack

[philanderer] 22/8/2019 17:39

Evening Standard:

"CRH dispelled fears of a US recession today saying the American construction industry was on booming form"

[philanderer] 09/8/2019 15:04

Persistent seller most of the day.

[philanderer] 09/8/2019 13:29

And top FTSE250 faller today ;-(

[philanderer] 07/8/2019 16:25

Investors Chronicle:

'Hill & Smith rebounds'


IC View

While Hill & Smith is right to acknowledge the potential impact of a mixed UK market on its business, its niche infrastructure offering and its rate of its US growth gives us cause for optimism in the second half, over a share price that has been perhaps unfairly depressed in recent times through external issues. With another record second half in the offing in spite of this uncertainty, we upgrade our rating. Buy.

Last IC View: Hold, 1,178p, 6 Mar 2019

[philanderer] 07/8/2019 12:13

Fingers crossed :-)

Peel Hunt reiterates 'buy' previous tp 1380p

[broadwood] 07/8/2019 09:28

Hi Phil. Looks like we're on a run.

[philanderer] 07/8/2019 09:18

Morning broadwood.

Good results and response :-)

[broadwood] 07/8/2019 07:31

Should see a nice bounce- and ongoing strength.


Infrastructure company Hill & Smith said reported profits rose by 16% in the first half of the year, led by 'strong' performance in UK and US. The company also announced that Alan Giddins would succeed Jock Lennox as Chairman with effect from 1 October.

For the six months ended 30 June 2019, reported pre-tax profits rose 16% to £33.4m as revenues increased 15% to £339.5m.

'Good' first-half performance was driven by a strong performance in UK and US amid sustained infrastructure spend, though this was partly offset by weaknesses in smaller international markets, the company said.

The interim dividend was increased by 6% to 10.6p.

'Overall, we are confident that our market leading positions, business model and financial strength position us well for further growth. Whilst short term political and macroeconomic uncertainties remain, particularly in the UK, our expectations for the full year are unchanged,' said Derek Muir, Chief Executive.

[joshuam] 07/8/2019 07:28

Onwards an upwards nice update

[philanderer] 01/8/2019 17:10

-5% today on 100k traded.

Interims due next wednesday.

[philanderer] 01/8/2019 09:40

Oh dear :-(

[philanderer] 22/7/2019 09:50

22nd july Berenberg hold reiterates

[philanderer] 11/7/2019 18:03

Hopefully support at 1100p

Interims due 7th august.

[philanderer] 01/7/2019 10:30

Divi into account this morning :-)

[philanderer] 22/5/2019 15:55

XD for the 21.8p dividend tomorrow.

[philanderer] 17/5/2019 09:56

Peel Hunt salutes ‘robust’ Hill & Smith

Engineer Hill & Smith (HILS) is operating in one of the most robust markets in its sector, says Peel Hunt.

Analyst Henry Carver reiterated his ‘buy’ recommendation and target price of £13.80 on the shares, which rose 1.6% to £12.70 yesterday.

‘Hill & Smith’s end markets are some of the most robust in the sector and offer attractive levels of visibility, which gives us confidence in the company’s ability to deliver steady revenue growth and further margin progression,’ he said.

‘Ongoing portfolio management also provides further upside risk.’

He added that the £13.80 target price ‘equates to 16 times our December 2020 earnings per share, which we see as undemanding’.

[philanderer] 16/5/2019 09:01

Update seems ok.

Peel Hunt reiterates 'buy'

[philanderer] 13/5/2019 11:14

Trading update thursday.

[philanderer] 29/4/2019 17:40

Bit of a job to crack the 1300p level.