Undervaluation means signs are good for steel supplier Hill & Smith ; MARKET REPORT

Summary


Galvanised steel supplier Hill & Smith is undervalued due to concerns over its debt levels.

These fears could be overdone as net debt was well within its banking facilities at the end of the last financial year.

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Extract


Undervaluation means signs are good for steel supplier Hill & Smith ; MARKET REPORT

The group's business is organised into three strands: infrastructure products, galvanising services and building construction. Its infrastructure division ...

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