Hercules Plc (LON:HERC), a leading UK infrastructure and construction services group, will hold its Annual General Meeting today at 11.30 a.m. where the Company’s Non-Executive Chairman, Henry Pitman, will provide the following statement:
“Hercules has undergone significant growth since listing almost four and a half years ago. We have been agile, executing on exciting new opportunities for our Labour Supply division within the infrastructure industry, while expanding existing relationships with our blue-chip client base to increase contract values. We are a much bigger business then we were in 2022.
“Our increased scale has been achieved organically, and through a series of targeted M&A activities, which has required us to invest in new IT infrastructure, systems and controls over the past 12 months and into H1 2026. While not without its challenges, we are pleased with the progress made on this front and are confident that we have a stronger framework from which to drive future growth and operational efficiency.
“This will serve us well in capitalising on the very positive market tailwinds which continue to create significant opportunities for Hercules. Both our Labour Supply and Civil Projects divisions are well placed to support the very significant, long-term wave of infrastructure investment being experienced across the UK. The acquired businesses are performing as hoped and while there have been some delays in the commencement of some key projects across the business, we are confident that we are well positioned for the future, with a clear plan, a talented team together and a robust and more durable business platform in place.”
