Hill & Smith (HILS) Full Year 2023 results presentation - March 24

Hill & Smith Executive Chair, Alan Giddins and Chief Financial Officer, Hannah Nichols present results for the year ended 31 December 2023. Alan Giddins, Executive Chair 00:16 – FY23 Highlights Hannah Nichols, Chief Financial Officer 02:53 – FY23 Financial highlights 04:14 – Group overview 05:22 – Divisional performance 12:28 – Cash generation 24:31 – ESG Alan Giddins, Executive Chair 16:21 – Financial framework 17:53 – M&A update 22:03 – V&S Utilities case study 24:09 – Investment case 26:40 – Outlook Hill & Smith PLC is a leading provider of sustainable infrastructure products and services. The Group employs c.4,400 people worldwide with the majority employed by its autonomous, agile, customer focussed operating businesses based in the UK, USA, Australia and India. The Group office is in the UK and Hill & Smith PLC is quoted on the London Stock Exchange (LSE: HILS.L). The Group’s operating businesses are organised into three main business divisions: Galvanizing Services: increasing the sustainability and maintenance free life of steel products including structural steel work, lighting, bridges and other products for industrial and infrastructure markets. Engineered Solutions: supplying engineered steel and composite solutions for a wide range of infrastructure markets including power generation and distribution, marine, rail and housing. The division also supplies engineered pipe supports for the water, power and liquid natural gas markets and seismic protection solutions. Roads & Security: supplying products and services to support road and highway infrastructure including temporary and permanent road safety barriers, intelligent traffic solutions, street lighting columns and bridge parapets. In addition, the division includes two businesses which are market leaders in the provision of off-grid solar lighting and power solutions. The security portfolio includes hostile vehicle mitigation solutions, high security fencing and automated gate solutions.