Hill & Smith sees FY ahead of consensus

Global road infrastructure safety maker Hill & Smith said it expected annual operating profit from continuing operations to be ahead of the top end of current analyst consensus.

“In particular, we have seen outperformance in our US Galvanising and US-based Engineered Solutions businesses,” the company said in a brief trading statement.

Based on a company compiled consensus, the average market forecast for 2022 underlying operating profit from continuing operations to be £91.7m, with a range of £88.6-£93.3m.

Reporting by Frank Prenesti for Sharecast.com