- Top-line growth accelerates in latest quarter- Full-year profits now seen above best estimates- Firm demonstrates strong pricing powerShares in engineering group Hill & Smith (HILS) jumped as much as 9% to £11.94 in early trading, topping the mid-cap leader board, after the firm posted a positive trading update and raised its full year outlook.WHAT DOES HILL & SMITH DO?The Birmingham-based comp

Hill & Smith (HILS) £14.12Loss to date: 7.1%Original entry point: Buy at £15.20, 20 May 2021It's been a disappointing start to 2022 for road safety engineer Hill & Smith (HILS) with more than a year's worth of share price gains wiped out.Most of the damage was done in early January when news came that the UK Government would temporarily halt the rollout of new smart motorways. These use the hard

Infrastructure firm Hill & Smith (HILS) posted profits for the year to December which under-shot market estimates by some distance.However, investors decided to chase the shares up as much as 11% to £14.36 thanks to the positive medium-term outlook.PROFITS COME UP SHORTThe firm, which mainly supplies steel products to the utility, transport and construction sectors, reported sales of £705 millio

Stocks across Europe generally lacked direction in the absence of American equity market participation due to the Thanksgiving holiday, but strong UK retail sales data lent support to the equity market.The CBI (Confederation of British Industry) monthly retail sales balance increased to a three month high of +39 from +30 and is expected to rise again in December, driven in part by consumers starti

Both the FTSE 100 and FTSE 250 continued to trade in positive territory by midday during a relatively quiet day, with the US markets are closed for the Thanksgiving holiday.The CBI (Confederation of British Industry) monthly retail sales balance increased to a three month high of +39 from +30 and is anticipated to rise again in December. This has in part been due to consumers starting their Christ

Leading UK shares edged higher on what is expected to be a relatively quiet day, given that US markets are closed for the Thanksgiving holiday, with ex-dividend stocks acting as a brake on larger gains.At 9.00am, the benchmark FTSE 100 was 7.5 points or 0.1% at 7,294.13 despite worries about further lockdowns in Europe, particularly Germany, and the continuing pricing pressures which are likely to

The belated approval of US president Joe Biden's $1 trillion infrastructure plan is a positive development for several UK-listed businesses.However, this is not 'new' news to the market as the spending package had been in the post for months, held up by brinksmanship and haggling. The spending will be allocated across areas including roads, rail bridges, high-speed internet, green energy, clean wa

We're pleased to welcome back Malcolm from Edinburgh who is sharing his experience as someone in retirement taking charge of their investments for the first time. This is part five of the series click to read parts one, two, three and four. In managing my retirement portfolio of 30 shares, currently divided between 12 in the FTSE 100, 13 in FTSE 250 companies and five from the FTSE AIM 100 index,

Coming in at more than 2,000 pages, the bipartisan bill to revamp the US's ageing - and in some cases crumbling - infrastructure has taken months to put together and has inevitably resulted in a compromise.While president Joe Biden can take many positives from the deal, which forms a crucial part of his economic agenda, he will no doubt be ruing the reduction in funding for clean energy and the in

UK stocks advanced as the first half reporting season continued to show companies meeting or beating expectations in general.By 8.30am the benchmark FTSE 100 index was up 24 points or 0.3% to 7,185 points, not quite an intraday high but very close, driven by gains in financial and industrial stocks.The FTSE 250 mid-cap index hit yet another record high, albeit with a small gain of 22 points to 23,

Hill & Smith (HILS): £15.34Gain to date: 0.9%Original entry point £15.20, 20 May 2021Infrastructure equipment firm Hill & Smith (HILS) revealed last week revenues in the first four months of the year were 10% above 2020 and were also ahead of 2019 levels.The roads division was the main driver of the growth in turnover thanks to 'high levels of demand' in the US, a 'solid' performance in the UK a

On a largely uninspiring day for global equity markets, London's FTSE 100 ended modestly lower after trading broadly flat for much of the day.Sterling strength weighed on the overseas earnings dominated index, with the blue chip benchmark closing down 0.3% at 7,029.79, while the more domestically focused FTSE 250 finished 0.2% lower at 22,438.90.Reopening names were in demand, among them the likes

London's FTSE 100 was struggling for direction by midday on Tuesday, down a modest 0.01% to 7,050.78 points after UK public borrowing figures came in lower than expected, although the FTSE 250 edged 0.08% higher to 22,502 points.Government borrowing hit £31.7 billion in April, official data shows, and while this was the second highest amount on record it was lower than the same month last year as

UK stocks continued their winning streak on Tuesday, extending their gains after figures showed Government borrowing came in less than expected last month amid growing optimism over the recovery of public finances.Government borrowing hit £31.7 billion in April, official data shows, and while this was the second highest amount on record it was lower than the same month last year as parts of the e

As president Biden's team begins what are likely to be weeks of horse-trading with their Republican peers over the shape and size of the new infrastructure plan, one firm which is set to benefit is FTSE 250 road safety equipment supplier Hill & Smith (HILS).A new chief executive has the ability to drive earnings growth and a loftier valuation, providing a double win for investors.SPEND, SPEND, SPE

We're pleased to welcome back Malcolm from Edinburgh who is sharing his experience as someone in retirement taking charge of their investments for the first time.After a year-and-a-half of taking responsibility for investing for retirement through my SIPP and Stocks and Shares ISA, matters are becoming clearer. There is no going on endless holidays and checking my portfolio once a fortnight, but t

Monday 9 November saw things change for investors as the surge of enthusiasm associated with finding a vaccine for Covid-19 buoyed markets. For the first time in many months the vast majority of my 30 shares rose markedly.This did not trigger a notable increase in buying and selling on my behalf. I reduced my investment in two funds but little else. It was pleasing though to see that half my share

More than £2.2 billion of dividends will now be paid by London-listed companies which previously halted payments during the pandemic. The figure relates to dividends declared since the start of July and includes six companies in the FTSE 100.This sends a very strong message to the market that companies are regaining confidence and that the sharp drop in dividend income we saw earlier this year ma

Investors can expect infrastructure engineering business Hill & Smith (HILS) to recover its capital growth and income returns reputation after reinstating its dividend.The FTSE 250 member, which designs and manufactures a wide range of specialised products needed when new roads and bridges are built, or when big utility projects go up, proposed a 9.2p per share dividend for the first half after ax

Just when stocks looked to be hitting a sticky patch, new stimulus measures by the US Federal Reserve and reports of a potential Trump administration $1trn infrastructure splurge have given the market recovery new life.Particularly in demand were companies seen as beneficiaries of spending across the Atlantic on roads, bridges and 5G broadband infrastructure.The speculation about Trump's spending