Hercules Plc (LON:HERC) CEO Brusk Korkmaz and CFO Paul Wheatcroft explain why the group has launched a dedicated Power and Energy division as contracted work accelerates and investment across the UK electricity network gathers pace. With approximately £21 million of work already secured for the 2026 financial year, the pair outline how separate leadership, expanded capabilities and clearer financial reporting could reveal the division’s growing contribution to group profitability.
Key Moments
00:09 — Why Hercules has created a dedicated Power and Energy division
00:58 — The £21 million contracted workload supporting the launch
01:16 — Positioning for long-term UK electricity network investment
01:33 — Why the division will be reported separately
02:19 — Marcus White appointed Managing Director
03:07 — What shareholders should watch over the next 12 months
03:31 — The division’s potential contribution to growth and profitability
Hercules Plc is a technology-enabled labour supply and construction services company supporting major UK infrastructure sectors, including rail, roads, water, nuclear, airports and power and energy. Its services include skilled labour supply, civil projects, recruitment and workforce training.