Hill & Smith (HILS.L, HILS LN)

  • 1683.4
  • 80.4
  • 99.3

    Closing Price (p): 2095.0

  • RATING 18/07/23


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: Galvanizing Services, Engineered Solutions and Roads & Security. 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 FYDec22, 48% of group revenue and 64% of adjusted EBITA came from its US operations. With M&A a key part of its growth strategy, it is targeting a 15% operating margin and has a return on invested capital (RoIC) above 18%.

Major Shareholders%
Abrdn Investment Management8.2
BlackRock Invest. Mgt (UK) Ltd.6.3
JPMorgan Asset Mgt. (UK) Ltd.4.9
Royal London Asset Mgt. Ltd.4.9
The Vanguard Group, Inc.3.6