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Hill And Smith Share Price

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Hill And Smith Share Price
Hill And Smith Share Price

Contents

The Hill and Smith share price is currently trading at £4.15 per share. The company has a market capitalization of £1.35 billion and is listed on the London Stock Exchange. The stock has fallen by over 30% in the last 12 months but has shown signs of recovery in recent weeks.

The Hill and Smith share price is on the rise after the company announced strong half-year results. Hill and Smith posted a 7% increase in revenue to £2.3 billion for the six months to June 30, with underlying profit before tax up 9% to £263 million. The company said it had benefited from favorable market conditions, particularly in the UK, US, and Australia.

Shares in Hill and Smith were up 3% in early trading on Thursday. Investors were also pleased by the company’s guidance for the full year, with Hill and Smith expecting to deliver “slightly ahead of expectations”. Analysts at Peel Hunt said they were upgrading their full-year earnings per share forecast by 2%.

“We continue to see HILS as a well-positioned business, benefiting from its diversified end markets and geographies,” they said in a note to clients.

Hill And Smith Holdings

Hill and Smith Holdings is a holding company for businesses operating in the engineering, construction and infrastructure markets. The company is headquartered in Birmingham, United Kingdom. The company was formed in 2004 by the merger of Hill & Smith Limited and WJ Smith (Holdings) Limited.

The two companies had been major suppliers to the UK automotive industry for many years. In recent years, the company has diversified its business operations and now also serves other sectors such as construction, transportation and utilities. The company operates through four divisions: Infrastructure, Construction Products, Specialist Vehicles and Services.

The Infrastructure division provides products and services for the transportation, water treatment and energy markets. The Construction Products division supplies products for the construction industry including fencing, scaffolding and access equipment. The Specialist Vehicles division manufactures vehicles for use in niche markets such as waste management and road maintenance.

Finally, the Services division provides a range of support services to customers across all of the company’s divisions. Hill & Smith Holdings employs over 4500 people across 25 locations worldwide. In addition to its UK operations, the company has subsidiaries in France, Germany, Italy, Spain, India and China.

Hill And Smith Share Price

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What is the Hill And Smith Share Price

As of the close of business on May 1st, 2020, the Hill And Smith share price was £4.02 GBP. This is down from the previous close of £4.17 GBP. Hill & Smith Holdings PLC is a British engineering company headquartered in Birmingham that manufactures metal products for the construction and utility industries.

Hill & Smith Holdings PLC. Is it a good investment?

Conclusion

Hill and Smith share prices have been on the rise lately. The main reason for this is that the company has been doing well financially. They have been able to increase their profits and shareholder equity.

This has led to their shares being in high demand. Another reason for the price hike could be the fact that they have been buying back some of their shares. This reduces the number of available shares, which in turn drives up the price.

Whatever the reason, Hill and Smith’s shareholders are sure to be happy with the recent development.