Hercules Site Services: CEO and CFO on record growth & 2025 ambitions – One2One Investor Forum [Video]

Hercules Site Services PLC (AIM:HERC) CEO Brusk Korkmaz and CFO Paul Wheatcroft talked with Proactive at the first One2One Investor forum of the year about the company’s record-breaking financial performance for 2024, exceeding market expectations. They highlighted key achievements, including a 28% revenue growth to £102 million and a 34% increase in adjusted EBITDA to £4.7 million.

The company, a technology-enabled labour supply provider for the UK infrastructure market, shared insights into its strategic growth plan. Highlights included their acquisition of Future Recruitment, expansion into rail projects, and the establishment of the Hercules Construction Academy to address the UK’s critical skills shortage.

Korkmaz emphasised their plans for continued organic growth and M&A activities, supported by an £8 million fundraise to acquire complementary labour supply firms. Wheatcroft noted the scalability of their labour supply business and praised the success of their recruitment and onboarding apps, which have attracted over 16,000 registrations. Looking ahead, Hercules aims to …