Hill & Smith Holdings PLC (HILS.L), a provider of infrastructure and safe transport solutions, reported Wednesday that its fiscal 2022 profit before tax grew 62 percent to 69.3 million pounds from last year's 42.8 million pounds.
Underlying pre-tax profit was 87.9 million pounds, compared to 71.2 million pounds a year ago.
Total Group earnings per share were 71.0 pence, up 65 percent from 43.0 pence a year ago. Underlying earnings per share were 91.9 pence, up from 77.9 pence last year.
Revenue grew 17 percent to 732.1 million pounds from prior year's 625.2 million pounds. Revenues climbed 12% at constant currency rates.
Further, the Board is recommending a final dividend of 22.0 p per share, a 16% increase on 2021, making a total dividend for the year of 35.0p per share, up from 31.0 pence last year. The final dividend, if approved, will be paid on July 7 to shareholders on the register on June 2.
Alan Giddins, Executive Chair, said, "Looking forward, the Group is exposed to a number of end markets which benefit from long term structural growth drivers. We expect to make further strategic progress in 2023 and are well positioned for the longer term."
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