Hill & Smith Share Discussion Threads

[philanderer] 08/8/2024 14:19

Hill and Smith shares tumbled this morning after the infrastructure supplier flagged challenges in its UK business.

On an underlying basis, pre-tax profit rose 10 per cent to £63.2m in the six months ended June, while revenue stayed broadly level, rising 0.4 per cent to £422.7m.

But in a statement, the London-listed firm said its UK segment had experienced a “more challenging market backdrop, with reduced demand across certain public sector customers.”

“The second half outlook for our UK businesses is likely to remain challenging given budgetary pressures in the public sector, however we are cautiously optimistic for some level of recovery in 2025,” it added.

city AM

[philanderer] 08/8/2024 11:19

Analysts presentation seems to have gone well.

[don carter] 08/8/2024 09:53

Still a LTBH. I thought 'good but not as good as I'd hoped'. Next year will be stronger with Trident and other acquisitions. Solid and impressive company.

[philanderer] 08/8/2024 09:01

And they look good to me.


New acquisition..

[philanderer] 06/8/2024 10:02

Results thursday.

[philanderer] 29/7/2024 23:07

Labour cutting back/cancelling infrastructure/road works because of this £22bn fiscal black hole ?

[philanderer] 18/7/2024 14:10

Indeed , 2215p ATH

[losses] 18/7/2024 13:32

Sure is moving up nicely

[philanderer] 09/7/2024 13:54

Yes, shining out in my portfolio today which is looking very red.

[don carter] 09/7/2024 13:13

Happy days indeed for this solid company.

[philanderer] 09/7/2024 09:29

Hill & Smith was upgraded by investment analysts at Shore Capital to a "buy" rating in a note issued to investors on Monday

[philanderer] 03/7/2024 22:55

Hill & Smith gets grant for adjustable vehicle barrier with rotating articulating link

[suetballs] 26/6/2024 09:26

Happy days then.
Suet

[philanderer] 26/6/2024 08:40

Jefferies raises Hill & Smith price target to 2,340 (2,320) pence - 'buy'

[philanderer] 28/5/2024 14:01

xd thursday for the 28p dividend

[philanderer] 28/5/2024 10:17

Hill & Smith offering value, says Peel Hunt


Specialist barrier manufacturer Hill & Smith (HILS) is offering ‘tremendous217; value, according to Peel Hunt.

Analyst Harry Philips retained his ‘buy’ recommendation and increased the target price from £23.10 to £25 on the stock, which inched up 0.2% to £21 on Friday.

It reported a positive start to the year, which allowed it to nudge current-year guidance higher. Earnings guidance for the year is expected to be slightly ahead of the current top-end estimate of £134.7m.

‘The backdrop is as expected, with strong market demand for infrastructure products in North America and a still tough UK,’ said Philips, who increased his earnings per share forecast.

‘Hill & Smith is a proven compounder, having delivered a 10-year [pre-tax earnings] compound annual growth rate of 11% from 2014,’ he said.

‘We are confident that this can be at least sustained given the company’s exposure to the growth dynamics within North American infrastructure and the fact that the company is not firing on all cylinders given the still tough end-market environment in the UK.’

He said the ‘quietly impressive compounder’ is offering ‘tremendous value’.


citywire.com

[philanderer] 24/5/2024 09:11

Deutsche Bank raises Hill & Smith target to 2,440 (2,250) pence - 'buy'

Berenberg raises Hill & Smith price target to 2,350 (2,100) pence - 'buy'

[whittler100] 24/5/2024 08:04

Berenberg raises HILS price target from 2350 to 2100 with a BUY rec

Nice steadily growing company under the radar of the rampers.

[whittler100] 23/5/2024 09:23

HILS: As per last year’s AGM statement: 2023 AGM statement “we expect full year 2023 operating profit to be modestly ahead of the top end of analyst expectations”. This year's AGM statement “we expect full year 2024 operating profit to be slightly ahead of the top end of analyst expectations”. Worth noting that in that time since the May 2023 AGM TU, the share price has appreciated something like 40%. Still looking rather attractive IMO.

[philanderer] 23/5/2024 09:00

And it's well received so far.

[philanderer] 19/5/2024 14:07

Trading update thursday.

[philanderer] 27/3/2024 00:45

25th march Jefferies ' buy ' tp 2320p


Hill & Smith Holdings Plc. (HILS:LN) PT Raised to GBP21.40 at HSBC

[glenowen] 25/3/2024 14:28

Share price at a three year high, what a solid, dependable company H and S is. Very happy to be a long-term shareholder.

[cardinal3] 15/3/2024 19:57

Impressive presentation and insight. Looking good for future growth.

[tomps2] 14/3/2024 11:33

Hill & Smith (HILS) Full Year 2023 results presentation - March 24

Hill & Smith Executive Chair, Alan Giddins and Chief Financial Officer, Hannah Nichols present results for the year ended 31 December 2023.

Watch the video here:

Or listen to the podcast here: