Hill & Smith Holdings reports strong overall performance

Hill & Smith Holdings, a supplier of infrastructure products and galvanising services, has issued its interim management statement covering the period from 1 July 2012 to 14 November 2012.

The group’s overall performance has been strong and the board’s expectations for the full year remain unchanged.

Net debt as at 31 October 2012 was £93.3m, compared with £89.1m as reported at the half year. The increase principally reflects the investment in the company’s new galvanising plant in the US and investment in capital projects in France and India.