Hill & Smith is a leading supplier of Infrastructure products and galvanizing services across the world. Founded in 1824 by Edward Hill and Henry Smith as Hill’s Ironworks, the company operates in 76 sites in UK, US, Australia, France, India and Sweden and serve wide range of industries, such as construction, Road, rail, power distribution, utilities, transportation, water management, housing etc.
The group objectives are to continuously seek for innovative opportunities, which can help in creating sustainable infrastructure and safe transportation solutions for the long-term value creation and cash flow for the shareholders, customers, and other stakeholders. The group continuously seeks for new opportunities to grow, expand, and diversify through organic growth and strategically acquiring the potential businesses, it also maintains a strong financial position to create strong cash flow generation for reinvestment and high return to shareholders. The UK and US are the two largest markets of Hill & Smith. The shares of Hill & smith are publically traded on London Stock Exchange as LON: HILS and is also the constituent of the FTSE 250 index.
Hill & Smith operates through three major divisions that are Road & Security, Utilities, and Galvanizing Services. The road & security segment designs, produces, and supplies a range of products that include bridge products, technology supported road message signs, solar lighting, lighting & street furniture, vehicle restraint system, work zone protection and permanent road safety barriers. It operates from sites in Australia, France, Sweden, the UK and the US. The Utilities segment include products such as access systems, building products, cooling towers, electrical utility products, pipe supports, fiber reinforced composites, water management and perimeter security. It operates from sites in India, the UK and the US. The Galvanizing services segment offers hot dip galvanizing and power coating; these products are widely used for metal products in infrastructure and industrial sectors as it works as a protection coating for steel with minimal economic and environmental impact. It operates from sites in France, the UK and the US. In 2020, Road & securities contributed 40% of total revenue, Utilities contributed 32% and Galvanizing services contribute 28%. Further, 71% of the operating profit came from the US, 26% from the UK and 3% from Rest of the world.