StockMarketWire.com - Infrastructure supplier Hill & Smith said Thursday revenue increased double digits in the third quarter, but was weighed down by a stronger pound.

For the four months ended 31 October, revenue increased by 11.5% to £224.7m.

The negative translational impact of the strengthening of sterling against the US Dollar in particular decreased revenue by 2%, the company said. After adjusting for currency translation and acquisitions, the organic increase was 5%.

The company said it expected full year 2018 results would be in line with current market expectations.


At 10:03am: [LON:HILS] Hill Smith Holdings PLC share price was +34p at 1154p



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