Hill & Smith Holdings PLC

Hill & Smith has raised its full-year operating profit expectations after reporting double-digit growth in its US operations during the first half of 2026. Revenue reached $607 million, up 5% on an organic constant-currency basis, while underlying operating profit increased 3% on the same basis, with underlying operating margin unchanged at 17.0%. US businesses delivered 14% organic constant-currency revenue growth and now account for 66% of group revenue and 84% of group operating profit. The company declared an interim dividend of $0.25 per share, up 7%, and expects full-year operating profit to be modestly ahead of previous expectations with a small year-on-year margin improvement.