Hill & Smith (HILS.L, HILS LN)

  • 1672.5
  • 79.3
  • 99.4
  • HILL & SMITH

    Closing Price (p): 2110.0

  • RATING 09/06/25

  • PREVIOUS RATING 18/07/23

    OUTPERFORM

Company Profile

Hill & Smith (HILS) is a specialist UK engineering company supplying products and services into infrastructure end markets in the UK and US. It operates in three divisions: US Engineered Solutions, UK & India Engineered Solutions and Galvanizing Services. HILS has over 40 manufacturing and galvanising sites globally, producing a broad range of products such as off-grid solar lighting; steel temporary road barriers to protect road construction workers; and coating steel with zinc to give long-term protection to composite pedestrian bridges. In FY2025, 79% of group adjusted EBITA came from its US operations. There is a strong medium- to long- term outlook for infrastructure spending in the US, especially in Transmission & Distribution. It supplements organic growth with bolt-on acquisitions and provides strong shareholder returns. It grew its earnings in each of the last two macro downcycles, reflecting its resilience.


Major Shareholders%
Abrdn Investment Management5.0
M&G Investment Management Ltd.3.6
AXA Investment Managers UK Ltd.3.3
BlackRock Invest. Mgt (UK) Ltd.3.1
Norges Bank Investment Management3.1