Hercules Site Services PLC Trading Update (4662Z)
16 Mayo 2023 - 1:00AM
UK Regulatory
TIDMHERC
RNS Number : 4662Z
Hercules Site Services PLC
16 May 2023
16 May 2023
Hercules Site Services plc
("Hercules" or "the Company")
Trading Update
Hercules Site Services plc (AIM: HERC), a leading technology
enabled labour supply company for the UK infrastructure sector, is
pleased to provide a trading update for the six months ended 31
March 2023, based on unaudited management accounts for the
period.
The Company is trading in line with market expectations for the
full year to 30 September 2023, with revenue expected to be over
GBP37 million for the first six months. This represents an increase
of c. 85% on the six months to 31 March 2022 (GBP19.9m). All income
streams grew, each with their own individual drivers, underpinned
by the substantial demand in the infrastructure sector.
Hercules will publish its Interim Results on 5 June 2023. On the
same day, CEO Brusk Korkmaz and CFO Paul Wheatcroft will deliver a
live presentation regarding the Company's Interim Results via the
Investor Meet Company platform at 09:30a.m (BST). Further details
can be found below.
Brusk Korkmaz, Chief Executive Officer, commented:
"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."
Investor Meet Company Webinar
The presentation is open to all existing and potential
shareholders. Questions can be submitted pre-event via the Investor
Meet Company dashboard up until 9.00 a.m. on 4 June or at any time
during the live presentation.
Although the Company may not be in a position to answer every
question it receives, it will address the most prominent within the
confines of information already disclosed to the market. Responses
to the Q&A from the live presentation will be published at the
earliest opportunity on the Investor Meet Company platform.
Investor feedback can also be submitted directly to management
post-event to ensure the Company can understand the views of all
interested parties.
Investors can sign up to Investor Meet Company for free and add
to meet Hercules Site Services plc via:
https://www.investormeetcompany.com/hercules-site-services-plc/register-investor
Investors who already follow Hercules Site Services plc on the
Investor Meet Company platform will automatically be invited.
For further information and enquiries, please contact:
Hercules Site Services plc c/o SEC Newgate
Brusk Korkmaz (CEO)
Paul Wheatcroft (CFO)
SP Angel (Nominated Adviser and Broker)
Matthew Johnson / Adam Cowl / Harry Davies-Ball
(Corporate Finance) +44 (0) 20 3470
Grant Barker / Rob Rees (Sales and Broking) 0470
SEC Newgate (Financial Communications) +44 (0) 20 3757
Elisabeth Cowell / Ian Silvera / Matthew Elliott 6882
Hercules@secnewgate.co.uk
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END
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May 16, 2023 02:00 ET (06:00 GMT)
Hercules Site Services (LSE:HERC)
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