Hill & Smith Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	868.8	855.1	829.8	732.1	625.2
Revenue Growth (YoY)	1.60%	3.05%	13.35%	17.10%	-5.34%
Cost of Revenue	515.3	513.3	513.1	461.6	389.2
Gross Profit	353.5	341.8	316.7	270.5	236
Selling, General & Admin	212.2	209	207.5	179.6	172
Other Operating Expenses	-0.3	-0.5	-0.4	-0.3	-0.7
Operating Expenses	211.9	208.5	207.1	179.3	171.3
Operating Income	141.6	133.3	109.6	91.2	64.7
Interest Expense	-8.7	-10.8	-10.2	-7.2	-5.7
Interest & Investment Income	0.8	0.5	0.5	0.5	0.6
EBT Excluding Unusual Items	133.7	123	99.9	84.5	59.6
Merger & Restructuring Charges	-6.8	-	-5.5	-6.4	-
Impairment of Goodwill	-6.7	-8.6	-	-0.5	-12.4
Asset Writedown	-8	-7.7	-0.6	-5.9	-3.6
Other Unusual Items	-0.9	-2.2	-0.6	-2.4	-0.8
Pretax Income	111.3	104.5	93.2	69.3	42.8
Income Tax Expense	28.8	28.1	24.4	16	14.4
Earnings From Continuing Operations	82.5	76.4	68.8	53.3	28.4
Earnings From Discontinued Operations	-	-	-	3.4	5.8
Net Income	82.5	76.4	68.8	56.7	34.2
Net Income to Common	82.5	76.4	68.8	56.7	34.2
Net Income Growth	7.98%	11.05%	21.34%	65.79%	42.50%
Shares Outstanding (Basic)	80	80	80	80	80
Shares Outstanding (Diluted)	81	81	81	81	81
Shares Change (YoY)	-0.25%	0.49%	0.62%	-0.12%	0.88%
EPS (Basic)	1.03	0.95	0.86	0.71	0.43
EPS (Diluted)	1.02	0.94	0.85	0.70	0.43
EPS Growth	8.20%	10.47%	20.70%	65.33%	41.99%
Free Cash Flow	106.7	107.7	102.5	31.2	47.9
Free Cash Flow Per Share	1.31	1.32	1.26	0.39	0.59
Dividend Per Share	0.530	0.490	0.430	0.350	0.310
Dividend Growth	8.16%	13.95%	22.86%	12.90%	16.11%
Gross Margin	40.69%	39.97%	38.17%	36.95%	37.75%
Operating Margin	16.30%	15.59%	13.21%	12.46%	10.35%
Profit Margin	9.50%	8.94%	8.29%	7.75%	5.47%
Free Cash Flow Margin	12.28%	12.60%	12.35%	4.26%	7.66%
EBITDA	173.1	164.1	137.9	117.5	92
EBITDA Margin	19.92%	19.19%	16.62%	16.05%	14.71%
D&A For EBITDA	31.5	30.8	28.3	26.3	27.3
EBIT	141.6	133.3	109.6	91.2	64.7
EBIT Margin	16.30%	15.59%	13.21%	12.46%	10.35%
Effective Tax Rate	25.88%	26.89%	26.18%	23.09%	33.65%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.