Hercules Site Services chief financial officer Paul Wheatcroft joins Katie to talk about what’s described as a “very busy and exciting" first half of the year.
This week, Hercules declared an interim dividend of 0.6p as it reported underlying profits ahead of management expectations. The infrastructure sector labour and technology supplier revealed adjusted earnings (EBITDA) of £650,000 for the half-year to 31 March. Revenue increased 42% year-on-year to £19.9mln.
Labour supply revenue increased 27% year-on-year, civil projects revenue was up 80% and sales from the company’s growing suction excavator services business leapt 124%.