Déclaration de l'AGA
11 Mars 2024
Hercules Site Services SA
("Hercules" ou la "Société")
Déclaration de l'AGA
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.
Pour plus d'informations et demandes de renseignements, veuillez contacter :
Hercules Site Services SA Brusk Korkmaz (PDG) Paul Wheatcroft (directeur financier) | c/o SEC Newgate |
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SP Angel (Conseiller nommé et co- Broker) Matthew Johnson / Adam Cowl / Harry Davies-Ball (finances d'entreprise) Grant Barker / Rob Rees (ventes et courtage) | + 44 (0) 20 3470 0470 |
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Cavendish Securities plc (Joint Broker) Adrian Hadden / Charlie Combe / Dale Bellis (Ventes et courtage) | + 44 (0) 20 7397 8900
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SEC Newgate (Communication Financière) Elisabeth Cowell / Ian Silvera / Matthew Elliott | + 44 (0) 20 3757 6882
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À propos d'Hercules Site Services PLC
Hercules est l'une des principales sociétés de fourniture de main-d'œuvre axée sur la technologie pour le secteur des infrastructures au Royaume-Uni. Fondée en 2008, Hercules a fait ses preuves en matière de rentabilité et de croissance rapide et s'est constitué une clientèle de premier ordre qui comprend Balfour Beatty, Costain, Kier, Skanska, Dyer & Butler et Volker Fitzpatrick. La société a été désignée pour fournir de la main-d'œuvre pour une gamme de projets d'infrastructure de grande envergure, tels que HS2, en raison de son approche agile, innovante et numérique et de son offre de services complète. Elle est bien placée pour bénéficier de toute augmentation gouvernementale des dépenses d'infrastructure et son équipe de direction expérimentée a identifié de multiples opportunités de croissance.
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