reports
Hill International to Provide Program General Engineering Consultant S...
Hill International to Provide Program General Engineering Consultant Support for Washington State Ferries’ System Electrification Program PHILADELPHIA and SEATTLE, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today it was selected by the Washington State Department of Transportation (WSDOT) to provide Program General Engineering Consultant (GEC) services for the electrification of the Washington State Ferries (WSF) system. The ambitious System Electrification Program (SEP) will begin the transition to an emission-free fleet...
Hill International to Deliver Support Services to Madrid Health Servic...
Hill International to Deliver Support Services to Madrid Health Service for Multiple Hospitals PHILADELPHIA and MADRID, Spain, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Hill International, delivering the infrastructure of change, announced today it was selected by the Madrid Health Service to provide Support to the Technical Control Unit, TCU (“Unidad Técnica de Control, UTC”) of the Madrid Department of Health. The purpose of this contract is the provision of technical support services to the Technical Control Unit (UTC) which has, among other things, the responsibility of monitoring, controlli...
Hill International Awarded Contract to Provide Construction Management...
Hill International Awarded Contract to Provide Construction Management Services for Saudi Jordanian Investment Fund’s $400 Million Healthcare Project in Jordan PHILADELPHIA and AMMAN, Jordan, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it has been awarded a contract to provide construction management services to the Saudi Jordanian Fund for Medical Educational Investment Company (SJFMEI), a subsidiary of the Saudi Jordanian Investment Fund (SJIF), for a new $400 million healthcare project in Amman, Jordan. Once...
Hill International to Deliver Project Management Services for the Mode...
Hill International to Deliver Project Management Services for the Modernization of the Almaty Combined Heat and Power Plant 2 in Kazakhstan PHILADELPHIA and ASTANA, Kazakhstan, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by JSC Almaty Power Plants, as part of an international consortium together with its local partners, to provide project management services for the modernization of the Almaty Combined Heat and Power (CHP) Plant. Notably, Hill completed the tender preparation phase in less than f...
Hill International Reports 2022 Third Quarter Financial Results
Hill International Reports 2022 Third Quarter Financial Results PHILADELPHIA, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL) ("Hill" or the "Company"), delivering the infrastructure of change, announced today its financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Overview Total revenue increased to $109.6 million from $96.6 million in the prior year period.Consulting Fee Revenue (CFR) rose 10.5% to $85.1 million from $77.1 million in the prior year periodGross profit up 6.8% to $34.6 million from $32.4 million in t...
Hill International to Support the Southern California Regional Rail Au...
Hill International to Support the Southern California Regional Rail Authority’s State of Good Repair Program Across the Entire Metrolink System PHILADELPHIA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today it was awarded a contract by the Southern California Regional Rail Authority (SCRRA) to provide staff augmentation support for SCRRA’s system-wide track, structure, and signal rehabilitation program throughout the Authority’s system. Led by Metrolink Assistant Director of Rehabilitation Aaron Azevedo, PE, with the lea...
Hill International Announces Partnership with the National Urban Leagu...
Hill International Announces Partnership with the National Urban League to Boost Diversity in the U.S. Construction Workforce PHILADELPHIA and WASHINGTON, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL), delivering the infrastructure of change, announced today a partnership with the National Urban League. The partnership will focus on increasing diversity in the country’s construction workforce. Hill International and the National Urban League have signed a Memorandum of Understanding. Together, they will provide project management oversight (PMO) to U.S. ...
Hill International to Deliver Project Management Services for the Deve...
Hill International to Deliver Project Management Services for the Development of a New High-End, Office Complex in Athens, Greece PHILADELPHIA and ATHENS, Greece, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by Noval Property, the second-largest Real Estate Investment Company (REIC) in Greece and Brook Lane Capital, a private equity firm, to deliver construction and project management services including design management and review, cost consulting, construction procurement, and construction supe...
Hill International to Provide Project Management and Supervision Consu...
Hill International to Provide Project Management and Supervision Consultancy Services for the International Stem Cell and Regenerative Medicine Research and Therapeutic Center in Egypt PHILADELPHIA and CAIRO, Egypt, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by Egypt’s Ministry of Defense to provide project management and supervision consultancy services for the International Stem Cell and Regenerative Medicine Research and Therapeutic Center project. The project represents the latest effort of ...
GISI and Hill International announce enhancements to their strategic m...
GISI and Hill International announce enhancements to their strategic merger agreement All-cash transaction of approximately US$207 million, or $3.40 per share, plus assumed debt, represents a significant premium to Hill’s 90-day weighted average stock price Amendment provides for a price increase from US$2.85 to $3.40 per share, a 19.3% increase from the previous price LOS ANGELES and PHILADELPHIA, Aug. 27, 2022 (GLOBE NEWSWIRE) -- Global Infrastructure Solutions Inc. () and (NYSE:HIL) today announced that their boards of directors have approved enhancements to their definitive...
Hill International to be Acquired by Global Infrastructure Solutions I...
Hill International to be Acquired by Global Infrastructure Solutions Inc. for $2.85 Per Share PHILADELPHIA and NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL) (“Hill” or the “Company”), delivering the infrastructure of change, announced today it has entered into a definitive merger agreement with Global Infrastructure Solutions Inc. (GISI), the largest privately owned construction manager in the commercial building, industrial and healthcare markets, and a leading project/construction manager in the environmental and public infrastructure sectors. Under ...
Hill International Reports 2022 Second Quarter Financial Results
Hill International Reports 2022 Second Quarter Financial Results Net Income Improved to $1.4 Million and Adjusted EBITDA Rose 70.9% to $6.5 Million Reiterates 2022 Outlook Second Quarter 2022 Overview Total revenue increased to $105.7 million from $101.5 million in the prior year period.Consulting Fee Revenue (“CFR”) rose 12.9% to $87.7 million from $77.7 million in the prior year periodGross profit up 19.6% to $37.4 million from $31.3 million in the prior year periodNet income improved to $1.4 million, or $0.02 per diluted share, from a net loss of $(0.5) million, or $(0.01) per diluted...
Hill International Announces Two Awards to Support Landmark Developmen...
Hill International Announces Two Awards to Support Landmark Developments for Aldar Properties Projects in Abu Dhabi: The Grove and Al-Reeman PHILADELPHIA and ABU DHABI, United Arab Emirates, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by Aldar Properties, PJSC, to provide project management support for two landmark projects in Abu Dhabi, UAE: Phase 1 The Grove Project and Phase 2 of the Al-Reeman residences and Reeman Living. The Grove Project encompasses The Grove Heart, The Louver Apartments, ...
Hill International to Provide Project Management, Construction Managem...
Hill International to Provide Project Management, Construction Management and Site Supervision Services for Four Seasons Hotel Luxor, Egypt PHILADELPHIA and CAIRO, Egypt, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the Talaat Moustafa Group (TMG), to provide project management, construction management, and site supervision services for the Four Seasons Hotel Luxor, Egypt. The project will support global tourism in Upper Egypt, just as TMG’s Four Seasons hotels in Cairo, Sharm El Sheikh, and Al...
Hill International Schedules Release of Second Quarter 2022 Financial ...
Hill International Schedules Release of Second Quarter 2022 Financial Results and Conference Call PHILADELPHIA, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today that it will release its financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022, after the close of the stock market. Raouf Ghali, Hill’s Chief Executive Officer, and Todd Weintraub, Senior Vice President and Chief Financial Officer, will host a conference call on Wednesday, August 10, 2022, at 9:00 am Eastern Daylight Time t...
Hill International to Present at Sidoti Summer Small Cap Virtual Confe...
Hill International to Present at Sidoti Summer Small Cap Virtual Conference PHILADELPHIA, June 09, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE: HIL) ("Hill" or the "Company"), delivering the infrastructure of change, announced today that CEO Raouf Ghali and CFO Todd Weintraub will present at the Sidoti Summer Small Cap Virtual Conference on Wednesday, June 15, 2022 at 8:30 am ET. Management will also be conducting virtual meetings with investors. The presentation will be webcast and available via the “Investor Relations” section of Hill’s website at . About Hill Internationa...
Hill International Continues Implementing Vital Infrastructure Project...
Hill International Continues Implementing Vital Infrastructure Projects in Southeastern Europe with Award to Provide Project Management Services for the Llogara Tunnel in Albania PHILADELPHIA and TIRANA, Albania, May 26, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was awarded, as leader of an international consortium, a contract from the Albanian Ministry of Infrastructure and Energy to provide Project Management services for the construction of the Llogara Tunnel. Located in the southwestern part of the Albanian coa...
Hill International Awarded CM Contract for PennDOT’s I-95 Central Acce...
Hill International Awarded CM Contract for PennDOT’s I-95 Central Access Philadelphia (CAP) Project at Penn’s Landing in Philadelphia PHILADELPHIA, May 19, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was awarded a contract by PennDOT District 6-0 to provide construction management for the Central Access Philadelphia (CAP) project, which will replace and expand the existing cap/bridge structures over Interstate 95 (I-95) and Christopher Columbus Boulevard along the Delaware River waterfront in Center City, Philadelphia...
Hill International Selected by the Town of Swampscott, MA, to Provide ...
Hill International Selected by the Town of Swampscott, MA, to Provide Owner’s Project Management Services for Hadley Elementary School PHILADELPHIA and NEEDHAM, Mass., May 12, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the Town of Swampscott, MA, to provide owner’s project management (OPM) services for the Hadley Elementary School project. Once complete, this new school will house 900 students from Kindergarten through fourth grade, and includes a media center, cafetorium, and administrative spaces in...
Hill International Reports 2022 First Quarter Financial Results
Hill International Reports 2022 First Quarter Financial Results Significant Increases in Revenue, CFR, Gross Profit, Operating Profit and Adjusted EBITDA Backlog Improved to $736.1 Million Reiterates 2022 Outlook First Quarter 2022 Overview Revenue increased 17.4% to $102.2 million in 2021Consulting Fee Revenue (“CFR”) rose 12.5% to $81.4 million from $72.4 million in the prior year periodNew contract awards were $88.0 million, resulting in a book-to-burn ratio of 1.08Gross Profit up 16.9% to $31.8 million from $27.2 million in the prior year periodOperating profit improved to $1.0 mill...
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