A Leading Technology Enabled Labour Supply Company for the UK Construction and Infrastructure Sectors
Profitable and Rapidly-Growing:
Supplying skilled operatives and trades for the whole of the UK infrastructure sector; from rail, roads, and water, to nuclear and airports. This is reinforced with strong pipeline of existing and upcoming projects.
Another Year of Growth:
A successful year with revenue from continuing operations increasing by 28% to £101.9m over the previous year (2023: £79.8m) which, once again means we are surpassing market expectations. Total revenue including that from discontinued operations was £106.9m (2023: £84.7m). Adjusted EBITDA from continuing operations for the year was £4.7m (2023: £3.5m), representing growth of 34%. Total adjusted EBITDA including that from discontinued operations was well above market expectations at £5.1m (2023: £4.1m).
A Compelling, Growing Opportunity:
£700bn – £750bn of committed investment by the UK Government into the Construction and Infrastructure sectors over the next 10 years, ensures that Hercules is well positioned for growth.
Significant Cross-Selling Capabilities:
Our complementary Construction Services include our Civil Projects division and Hercules Construction Academy, both increasing value with client relationships.
Well-Placed to Gain Market Share:
Proven to attract a loyal workforce and blue-chip client base due to its award-winning app, digital capabilities and training/health & safety focus, which differentiates it from the competition. As well as introducing White Collar and Rail Divisions.
Defined Strategy with Growth Opportunities:
With the addition of Future Build we are now able to push into the white-collar recruitment space, as well as, tackling the well-publicised skills shortage by launching our construction academy, which opened in January 2024. The Directors continue to identify strategic acquisition opportunities, to enable further growth.
About HERCULES
The Directors believe Hercules’ agile, innovative, digital first approach and complete service offering fills a gap in the market and has helped attract the company’s blue-chip clients.
Labour supply is high on the industry’s agenda – demand is close to its 20 year high, compounded by demographic change and Britain’s exit from the EU. Companies expected to employ a local workforce and evidence the expected improvements as part of the delivery of large construction projects.
REGULATORY News
SHAREHOLDER INFORMATION
As of 2 October 2024, Hercules Site Services plc has 79,619,628 shares in issue. No shares are held in treasury. In so far as Hercules Site Services plc is aware, the percentage of shares not in public hands is 68.34%.
Hercules Site Services plc has not applied or agreed to have any of its securities admitted or traded on any other exchanges or trading platforms other than the AIM market of the London Stock Exchange.
Our clients
