EU and US could reach trade deal this weekend - Reuters
Investing.com -- Shares of Hill & Smith Holdings PLC edged up 1.1% on Wednesday following the announcement of Chris McLeish as the new Chief Financial Officer (CFO).
The company, which specializes in the manufacture of infrastructure products, made the announcement earlier today, ending the search for a successor after Hannah Nichols revealed her departure earlier this year.
McLeish, who will begin his role by mid-October, brings a wealth of experience to Hill & Smith, including his tenure as CFO of Ibstock, a leading UK brick manufacturer.
The company has indicated that its current M&A budget of £50m-£70m per annum can be covered by free cash flow, suggesting a strong financial position.
McLeish is expected to take over in time for the company’s FY26F budgeting cycle.
The company has not provided a current trading update, which is anticipated to be released during the Annual General Meeting (AGM) Update on 22nd May.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.