Hercules Site Services Plc ( (GB:HERC) ) has shared an update.
Hercules Site Services plc reported a strong financial performance for the fiscal year ending September 2024, with a 28% rise in revenue and a 34% increase in adjusted EBITDA. The company completed its first acquisition, expanded its training capabilities, and raised £8 million to support future growth. The disposal of its Suction Excavator business has strengthened its balance sheet, and the company anticipates continued growth driven by increased investment in the UK infrastructure and construction sectors.
More about Hercules Site Services Plc
Hercules Site Services plc is a leading technology-enabled labor supply group serving the UK infrastructure and construction sectors. The company focuses on providing labor resources and has expanded its offerings through strategic acquisitions and the launch of a construction academy to meet the growing demand for skilled workers.
YTD Price Performance: 29.22%
Average Trading Volume: 59,811
Technical Sentiment Consensus Rating: Sell
See more data about HERC stock on TipRanks’ Stock Analysis page.