Hercules Site Services PLC (AIM:HERC) said its revenue grew by roughly 85% to over £37mln in the first half of its financial year, which is in line with market estimates.
The labour and technology provider said “substantial demand” from its UK infrastructure construction industry market underpinned the performance in the six months to 31 March 2023.
In the trading update, Hercules' chief executive Brusk Korkmaz said: “During the period we have delivered strong revenue growth, new clients and opened doors to exciting new sales opportunities.
“While we are not immune to inflationary pressures, with trading in line with expectations, and strong momentum being experienced in the construction and infrastructure sectors, we look forward to the next six months with confidence.”
Interim results are scheduled for 5 June, with the company promising to deliver a live online presentation on the day.