Hercules Site Services delivers growth well ahead of market’s expectations

Hercules Site Services plc (LON:HERC), a leading technology enabled labour supply company for the UK infrastructure and construction sectors, has provided a trading update for the year ended 30 September 2024.

The Company expects another record year, with Hercules’ revenue, adjusted EBITDA and Profit Before Tax (PBT) for FY24 to be well ahead of market expectations*. Revenue is expected to be over £105m, representing an increase of c. 24% on the prior year ended 30 September 2023 (£84.7m).

Each of Hercules’ core divisions has delivered increased organic revenues, underpinned by the Company’s ability to capitalise on continued growth in the infrastructure and construction sectors. Most recently, Hercules has secured £8m of new investment via a placing and subscription, strengthening its balance sheet to position it to take advantage of the many opportunities in the UK infrastructure and construction sectors in order to grow both organically and via selective acquisitions.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Hercules Site Services plc

More articles like this

Hercules Site Services plc

Hercules fuels expansion with strategic leadership hire

Hercules Site Services is accelerating its growth trajectory with a heavyweight addition to its leadership team. The company’s latest move signals a sharpened focus on seizing infrastructure opportunities across the UK’s booming sectors, with a seasoned

Hercules Site Services plc

Leighton Caine’s rise in construction

Opportunities arise for those who seize them with determination, and Leighton Caine is a prime example. Formerly unemployed, he saw the North Warwickshire Bootcamp as a chance to gain valuable skills and enhance his career prospects.

Hercules Site Services plc

A Story of Growth and Opportunity

Celebrate National Apprenticeship Week with Zach, a rising talent at Hercules in quantity surveying. Learn how his apprenticeship journey is shaping his career.

Hercules Site Services plc

From office admin to finance rising star

Join us as we explore Annie’s inspiring career journey with Hercules during National Apprenticeship Week. See how tailored training and support have transformed her professional growth.

Hercules Site Services plc

Expanding capacity and efficiency on the Great Western Mainline

Between 2016 and 2019, major platform extension works were carried out across eleven stations along the Great Western Mainline, Thames Valley branch, and Oxford branch lines. Stations including Twyford, Pangbourne, Thatcham, Tilehurst, Goring & Streatley, Cholsey,