Hill & Smith Holdings Plc reports 8% increase in revenue for the period 1 July 2019 to 31 October 2019

  • Nov 21, 2019 GMT
  • Team Kalkine
  • Hill & Smith Holdings Plc (HILS) has issued a trading update for the period 1 July 2019 to 31 October 2019.
  • The company continues to see strong trading in its core UK and US markets, with revenue for the period increasing by 8 per cent to £243.6 million as compared to £224.7 million in the same period of 2018.
  • The Group was still facing challenges with its Scandinavian business, though its Underlying operating profit for the period was ahead of the same period last year.
  • During the reported period the company completed the possession of Parking Facilities for a cash consideration of £12.4million, on a debt and cash-free basis.

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