Hill & Smith profit, revenue rise despite challenges in Scandinavian business

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Infrastructure company Hill & Smith said underlying profit and revenue in the four months through July were ahead of last year, but challenges continued in its Scandinavian business.

For period 1 July 2019 to 31 October 2019, revenue increased by 8% to £243.6m on-year and underlying group operating profit was ahead of the same period last year, thanks to 'strong' performance in its core UK And US markets.

Preliminary results for the year ending 31 December 2019 were scheduled to be announced on 4 March 2020.