For the year ended 30th September 2023 Hercules Site Services turned over £84.7m (2022: £49.5m) and made a pre-tax profit of £641,321 (2022: £160,685).
The results were for the company’s first full year of trading since its February 2022 listing on AIM, the alternative investment market of the London Stock Exchange.
Roughly three-quarters of the revenue, £63.8m, came from the core business of supplying site labour to construction sites, up from £33.3m the previous year. But while revenue from labour supply nearly doubled during the year, the number of operatives supplied rose by only a third, from 750 to 1,000, approximately.
Hercules Site Services plc (LON:HERC) is a collaborative, innovative company delivering services of the highest standards within the Civil Engineering sector of the construction industry.