Stock Watchers’ Discussions

• Hill & Smith’s stock price is at a three-year high, heralded as a solid and dependable company.
• The company has driven US revenues and profits, significantly contributing to its financial success.
• Hill & Smith reported strong financial results for the year ended 31 December 2023, with revenues up 13% and underlying profit before tax up 27%.
• A final dividend increase of 27% was proposed, reflecting the company’s robust financial health.
• The company’s executive chairman made a notable share purchase, signalling confidence in the company’s prospects.
• Recent acquisitions are positively impacting the company, with a healthy pipeline for mergers and acquisitions moving forward.
• Analysts from Jefferies have shown confidence in Hill & Smith, projecting further growth aided by significant infrastructure investments in the US.
• Hill & Smith’s recent acquisitions are expected to enhance earnings and are viewed positively by market analysts.