India, May 23 -- Hill & Smith Plc (HILS.L), on Thursday, issued a trading update for the four month period to 30 April 2024 and reported that trading in the period has been positive, reflecting continuing strong market demand for infrastructure solutions in the US which more than offset a more challenging market backdrop in the UK.
Revenue was up 5% on a constant currency basis, with further operating margin expansion against a strong prior period comparator.
Based on good momentum across the Group, the company stated that it expects full-year 2024 operating profit to be slightly ahead of the top end of analyst expectations.
Further, the company remains positive on the medium to longer-term outlook, supported by strong market growth driv...