Hill & Smith Share Discussion Threads

[philanderer] 12/9/2024 00:08:10

Hill & Smith's stock had its "buy" rating restated by equities research analysts at Shore Capital in a research report issued on tuesday

marketbeat.com

[philanderer] 10/9/2024 09:59:12

Another purchase.. four in 2024


Hill & Smith PLC ("Hill & Smith" or "the Group"), the international provider of sustainable infrastructure products and services, today announces the acquisition of Whitlow Electric Service Company ("Whitlow").


Acquisition of Whitlow

The Group has completed the acquisition of the business and assets of Whitlow from its shareholder, Bruce Whitlow, who will be staying with the business. The cash consideration is $30.2m (c.£23m), on a debt and cash free basis.


Whitlow, located in Elberton, Georgia, designs and manufactures a range of structural steel and substation components for the US electrical infrastructure market. Whitlow was founded in 1963 and is a business that the Group has known for many years, serving customers' utility infrastructure needs across the Southeast of the US, with a focus on Georgia, North Carolina, South Carolina, Virginia and Tennessee.


Whitlow will become part of the V&S Utilities Group, within our Engineered Solutions division, and builds on the successful acquisition and integration of Capital Steel in January 2024, broadening our geographic footprint in the US and providing access to new customers in the attractive Southeast market. With a well invested facility, it will also increase our structural steel fabrication capacity and present good opportunities for cross selling and margin expansion.

[philanderer] 06/9/2024 10:33:07

Berenberg raises Hill & Smith price target to 2,500 (2,350) pence - 'buy'

[philanderer] 04/9/2024 17:59:52

'Hill & Smith boosts national security solutions with acquisition'

[philanderer] 03/9/2024 10:38:39

Read across from AHT numbers today should have been positive.

[losses] 15/8/2024 14:10:02

Back to 2300 soon

[losses] 14/8/2024 17:30:15

Gap filled

[philanderer] 13/8/2024 15:08:13

Overhang cleared hopefully.

[philanderer] 13/8/2024 09:27:24

Well out of favour now.

Chart support looks to be 1900p then 1800p.

[philanderer] 12/8/2024 10:20:20

Jefferies raises Hill & Smith price target to 2,460 (2,340) pence - 'buy'

[redartbmud] 12/8/2024 07:34:46

phil

Hils is an exceptionally well managed business that is expending in the US, where it ses meaningful ongoing growth potential, organically and modest bolt on's.
Like you, I am happy with the size of my holding for the present.


red

[philanderer] 12/8/2024 00:14:47

HILS +6% for 2024 , slightly ahead of FTSE100 +250.

Think I've got enough for now. Luck with your purchase Losses

[losses] 11/8/2024 23:04:45

Added more on Friday

[philanderer] 09/8/2024 23:33:31

Worst one in my lot this week -7%

[philanderer] 09/8/2024 16:49:23

Big seller(s) about today..... £4.5million worth of shares traded.

[philanderer] 09/8/2024 16:23:58

Investors Chronicle:

Hill & Smith’s US bet pays off

The metal infrastructure company enjoys a strong half as US orders dominate


Buy

[philanderer] 09/8/2024 14:33:57

Some large sells today.

[philanderer] 09/8/2024 10:25:32

Deutsche Bank Research raises Hill & Smith price target to 2600 (2440) pence - 'buy'

[philanderer] 08/8/2024 15:19:47

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 12:19:10

Analysts presentation seems to have gone well.

[don carter] 08/8/2024 10:53:25

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 10:01:17

And they look good to me.


New acquisition..

[philanderer] 06/8/2024 11:02:15

Results thursday.

[philanderer] 30/7/2024 00:07:30

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

[philanderer] 18/7/2024 15:10:24

Indeed , 2215p ATH