22nd Nov 2018 09:38
LONDON (Alliance News) - Hill & Smith Holdings PLC said Thursday it expects its 2018 annual results to be in line with market forecasts after revenue for the second half to date rose 12%.
Shares in the FTSE 250-listed construction supplies manufacturer were trading up 2.0% at 1,142.88 pence each on Thursday.
For the period from July 1 to October 31, the company's revenue increased to GBP224.7 million from GBP201.5 million a year ago. After adjusting for currency exchange and acquisitions, the organic increase was 5%.
Meanwhile, the firm added adjusted operating profit in the four-month-period was "ahead" year-on-year.
Hill & Smith expects to publish its 2018 results on March 6.
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