Hill & Smith sees FY ahead of consensus

Hill and Smith

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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.

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“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