Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Andrew Arthur

Construction labour supplier Hercules Site Services builds up profit

Construction firm Hercules Site Services has seen profits jump by almost three quarters as it ramped up labour supply to major projects such as HS2.

The Gloucestershire-based company reported gross profit of £6.9m for the first half of its current financial year - up 71% from the £4m recorded a year earlier. Earnings before interest, tax, depreciation, amortisation also rose to £1.1m during the six months to March from 0.7m in 2022.

The AIM-listed business, which has its head office in South Cerny near Cirencester, had previously confirmed an 85% leap in revenue to £37m in a trading update in May.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.