Hill & Smith Earnings Call Transcripts
Fiscal Year 2025
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Full year 2025 saw strong U.S. growth and margin expansion, offsetting U.K. market weakness. Strategic acquisitions and disciplined capital allocation support future growth, with robust cash generation and a positive outlook for 2026, especially in U.S. infrastructure and data centers.
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Delivered 4% revenue and 11% profit growth in H1, led by strong U.S. infrastructure demand and margin expansion. U.K. markets remain challenging, but cash generation and returns improved, supporting a GBP 100 million share buyback and a 9% dividend increase.
Fiscal Year 2024
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Record 2024 results with 5% revenue and 20% profit growth, driven by strong U.S. performance and successful acquisitions. Operating margin rose to 16.8%, ROIC hit 24.8%, and the outlook for 2025 remains positive, especially in the U.S., despite U.K. headwinds.
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Strong H1 results driven by U.S. infrastructure demand, margin expansion, and strategic acquisitions, while U.K. performance lagged due to market challenges. Cash conversion and return on invested capital improved, with a positive outlook for H2 and continued M&A focus.