Welcome to our dedicated page for HIL news (Ticker: HIL), a resource for investors and traders seeking the latest updates and insights on HIL stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HIL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HIL's position in the market.
Hill International reported a net loss of $8.2 million for 2020, impacted by COVID-19.The consulting fee revenue (CFR) decreased to $296.6 million, down from $308.6 million in 2019. Despite challenges, adjusted EBITDA rose 12.4% to $19 million. The company ended 2020 with total cash of $41.4 million and planned a CFR increase to $320-330 million in 2021, signaling optimism for recovery. The total liquidity stood at $45.9 million, bolstering its financial condition. The backlog was reported at $666.7 million, reflecting future project potential.
Hill International, Inc. (NYSE: HIL) announced its participation in the 33rd Annual ROTH Conference, conducting investor meetings on March 17, 2021. CEO Raouf Ghali and CFO Todd Weintraub will engage in one-on-one meetings to discuss the company’s strategies and performance.
Hill, a leader in construction risk management with over 2,700 professionals globally, has been recognized as the eighth-largest construction management firm in the U.S. Interested investors can access the presentation on Hill's website.
Hill International (NYSE:HIL) announced it has been awarded a Project Management Consulting contract by LAMDA Development for the Infrastructure and Landscape Program of the Hellinikon Project, Europe’s largest waterfront urban regeneration initiative. This mega development, located near Athens, involves a total investment exceeding €8 billion ($9.5 billion) and aims to create a vast urban environment with over 2.7 million square meters of built area. The project will feature a significant Metropolitan Park and various urban facilities, enhancing sustainability and connectivity.
Hill International (NYSE:HIL) will announce its Q4 and full-year 2020 financial results on March 16, 2021, after market close. CEO Raouf Ghali and CFO Todd Weintraub will host a conference call on March 17, 2021, at 9:00 AM EST to discuss the results. Interested participants can join the call by dialing (877) 407-9753 or (201) 493-6739, or they can access it online via Hill's website. The company is ranked as the eighth-largest construction management firm in the U.S., providing various consulting services worldwide.
Hill International (NYSE:HIL) has been awarded a contract to manage the second phase of the Assoufid development in Marrakech, Morocco, by the United Real Estate Company. This luxury project spans 2.5 million square meters and includes residential, retail, and hospitality components, along with a five-star hotel operated by Marriott. Senior executives from both Hill and URC highlighted the project's significance and potential for growth in the region. Hill continues to expand its presence in North Africa's hospitality sector, aiming to deliver high-quality developments.
Hill International has secured a third task order to provide owner's representative services for the $900 million Vision Northland project in Duluth, MN. This initiative includes building a new hospital and renovating existing clinic spaces, aiming for completion by Q1 2023 and patient care to start by Q3 2023. Hill has been involved since 2019, focusing on cost management. The project will deliver about 942,000 square feet of facilities, enhancing healthcare for northern Minnesota and Wisconsin.
Hill International has announced the promotion of Tiffany Harmon Banks to Senior Vice President of Human Resources. With over 20 years of HR experience, Banks has been pivotal in developing HR policies and initiatives since joining Hill in 2008. Notable achievements include implementing performance assessments and leading diversity initiatives. Executive leadership recognizes her contributions, particularly during the COVID-19 pandemic and in promoting workplace equality. Hill International operates globally, offering construction management services and ranking as the eighth-largest firm in the U.S.
Hill International (NYSE:HIL) announced new contracts to oversee construction for municipal projects in New Braunfels, Texas, including two fire stations and a police station with a Veterans Memorial. This work will ensure compliance with local standards and facilitate the growth of public facilities in a city experiencing rapid population increase. Hill’s approach focuses on collaboration and effective communication, contributing to its success in the Texas municipal market. The company is recognized as a leader in construction management, ranking eighth in the U.S.
Hill International (NYSE:HIL) has been awarded a Facilities Management consultancy contract by the Tatweer Building Company, representing the Saudi Ministry of Education. This contract will cover two headquarters buildings and administrative structures in Riyadh, alongside 2,000 educational facilities in the Eastern Province.
The scale of operations is significant, with TBC managing over 6,000 sites. This engagement aims to enhance educational standards in Saudi Arabia, reflecting Hill's commitment to delivering international FM practices.
Hill International (NYSE:HIL) has secured a contract for Project Management Support Services with the Southern California Regional Rail Authority (SCRRA) as part of the $10 billion SCORE program, aimed at enhancing transit infrastructure before the 2028 Los Angeles Olympics. The contract, valued at $50 million, reflects Hill's expertise in managing complex rail projects. Key projects include the LinkUS renovations and BNSF enhancements to improve safety and capacity. CEO Raouf Ghali emphasized the importance of these initiatives for sustainable public transit in Southern California.
FAQ