Hercules Site Services Plc (GB:HERC) has released an update.
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Hercules Site Services Plc has outperformed market expectations with its FY24 financial results, reporting over £105m in revenue, a significant 24% increase from the previous year. The company attributes this growth to organic revenue increases across its core divisions and strategic investments, such as a recent £8 million fundraise aimed at seizing opportunities in the UK infrastructure and construction sectors. Looking ahead, Hercules plans to continue this momentum by potentially acquiring selected labour supply companies and further capitalizing on favourable government support.
For further insights into GB:HERC stock, check out TipRanks’ Stock Analysis page.
