Declaración de AGM
11 de marzo de 2024
Servicios del sitio de Hercules plc
("Hércules" o la "Compañía")
Declaración de AGM
Hercules Site Services plc (AIM: HERC), a leading technology enabled labour supply company for the UK infrastructure sector, will hold its Annual General Meeting ("AGM") today at 4.00 p.m. where the Company's Non-Executive Chairman, Henry Pitman, will provide the following statement:
"I am proud to be speaking to you today following another year where we have delivered growth across all areas of the Hercules business, exceeding market expectations for 2023.
"This is particularly pleasing given the challenging macro-economic conditions, which have created pain-points for many businesses over the last couple of years. To have delivered over 70% revenue growth and nearly 80% growth in adjusted EBITDA is testament to the quality and hard work of the Hercules team, which has demonstrated its ability to execute effectively on the continuing opportunities in the infrastructure sector.
"The improvements in FY2023 in cash generation have been further boosted with the recent addition of a new improved ID facility, to aid further growth over the next few years.
"Post-period end saw us complete the acquisition of Future Build Recruitment Limited which sees us expand our presence in the white-collar and permanent recruitment market in the construction sector. This, together with the organic growth we have achieved in the first few months of FY2024 is expected to drive additional revenues. As well as winning new clients, including significant industry players, we are also in the early stages of ramping up activity at the Hercules Construction Academy, which was launched in January. The success of these initiatives provides us with confidence in our outlook for the current financial year.
"Reiterating what we said in our full year results, the UK has been living with high inflation and interest rates for a good period of time now, but pleasingly the infrastructure sector is still forging ahead. Access to labour continues to be a core priority for the sector and we have built an excellent reputation as a tier 1 provider due to our technological edge and experienced management team.
"We would like to thank our investors, colleagues and customers for their continued support of our business. I would also like to take this opportunity to welcome our new colleagues from Future Build to the business and thank them for facilitating a successful, ongoing integration."
The Company expects to announce its Interim Results for the six months ended 31 March 2024 during the week commencing 3 June 2024.
Para más información y consultas, por favor póngase en contacto con:
Servicios del sitio de Hercules plc Brusk Korkmaz (CEO) Paul Wheatcroft (director financiero) | c / o SEC Newgate |
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SP Angel (Asesor designado y conjunto Broker) Matthew Johnson / Adam Cowl / Harry Davies-Ball (Finanzas corporativas) Grant Barker / Rob Rees (Ventas y corretaje) | +44 0 20 3470 0470 |
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Cavendish Securities plc (Conjunto Broker) Adrian Hadden / Charlie Combe / Dale Bellis (Ventas y corretaje) | +44 0 20 7397 8900
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SEC Newgate (Comunicaciones financieras) Elisabeth Cowell/Ian Silvera/Matthew Elliott | +44 0 20 3757 6882
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Acerca de Hercules Site Services PLC
Hercules es una empresa líder en suministro de mano de obra habilitada para la tecnología para el sector de infraestructura del Reino Unido. Hercules, fundada en 2008, tiene un historial establecido de rentabilidad y rápido crecimiento y ha creado una base de clientes de primer nivel que incluye a Balfour Beatty, Costain, Kier, Skanska, Dyer & Butler y Volker Fitzpatrick. La empresa ha sido designada para proporcionar mano de obra para una variedad de proyectos de infraestructura de alto perfil, como HS2, debido a su primer enfoque ágil, innovador y digital y su completa oferta de servicios. Está bien posicionado para beneficiarse de cualquier aumento del gobierno en el gasto en infraestructura y su experimentado equipo de gestión ha identificado múltiples oportunidades de crecimiento.
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