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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Hill & Smith - Strong performance from UK roads

May 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • HILS
  • Price:
  • 937p
A superb run for the shares, which hit £9 for the first time after results beat expectations. Adjusted pretax profit rose 16% to £52.3m on turnover ahead 2.8% to £468m. Eps rose 15% to 51.7p, while net debt was £91.5m (2014: £96m).Infrastructure Roads, which supplies temporary crash barriers and above ground furniture, increased profit by 20% to £16m. The UK Government Highways improvement program; a new contract to supply 360km of Brifen wire rope safety fence to the Middle East; volume new business for its lighting columns and variable messaging signs all contributed.In Infrastructure, Utilities profit rose 14% to £10.5m with Creative Pultrusions, a US-based high strength glass rein ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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