Hill and Smith (HILS)

Sector:

Engineering

Index:

FTSE 250

1,962.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 2,100.00
  • 52 Week Low: 1,458.00
  • Currency: UK Pounds
  • Shares Issued: 80.42m
  • Volume: 239,459
  • Market Cap: £1,577.94m
  • RiskGrade: 132

Hill & Smith completes Technocover deal

By Michele Maatouk

Date: Thursday 14 Jul 2016

LONDON (ShareCast) - (ShareCast News) - Manufacturing group Hill & Smith has completed the acquisition of Technocover Limited for £10m on a debt and cash free basis, to be funded from existing banking facilities.
The deal is expected to be earnings-enhancing in the first full financial year following the acquisition.

UK-based Technocover was a subsidiary of Ensor Holdings and specialises in the development, manufacture, installation and maintenance of high security access products for the utilities markets.

In the year to 31 March 2016, it generated turnover of £14.7m, operating profit of £1.5m before Ensor Holdings group charges and had net operating assets, on a debt and cash free basis of £3.7m.

Chief executive Derek Muir said: "Technocover has an excellent reputation for quality and service and will benefit from being part of the group's UK Utilities division."

At 1425 BST, Hill & Smith shares were up 2.7% to 968.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hill and Smith Market Data

Currency UK Pounds
Share Price 1,962.00p
Change Today -4.00p
% Change -0.20 %
52 Week High 2,100.00
52 Week Low 1,458.00
Volume 239,459
Shares Issued 80.42m
Market Cap £1,577.94m
RiskGrade 132

Hill and Smith Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.75% below the market average92.75% below the market average92.75% below the market average92.75% below the market average92.75% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average
Price Trend
77.47% above the market average77.47% above the market average77.47% above the market average77.47% above the market average77.47% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average
Income
57.63% below the market average57.63% below the market average57.63% below the market average57.63% below the market average57.63% below the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Growth
46.96% above the market average46.96% above the market average46.96% above the market average46.96% above the market average46.96% above the market average
39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hill and Smith Dividends

  Latest Previous
  Final Interim
Ex-Div 30-May-24 30-Nov-23
Paid 05-Jul-24 05-Jan-24
Amount 28.00p 15.00p

Trades for 11-Jun-2024

Time Volume / Share Price
14:36 96,066 @ 1,950.00p
14:39 96,066 @ 1,950.00p
17:13 157 @ 1,962.00p
16:36 474 @ 1,962.00p
16:35 251 @ 1,962.00p

Hill and Smith Key Personnel

CFO Hannah Nichols

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