Hercules Site Services Plc (GB:HERC) has released an update.
Hercules Site Services Plc has reported a robust first half of 2024, with record revenues up 32% to £48.8m and a significant increase in EBITDA to £2.1m, marking a strong financial performance. The growth has been fueled by organic expansion across all business areas, strategic acquisition, and increased labour supply to major projects like HS2. The company remains optimistic for the remainder of the year, expecting to meet market expectations with strong pipelines and new initiatives like the construction academy.
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